This strategy involves a bigger amount of risks than usual and requires a thorough analysis of the situation
Posted: Sun Jan 19, 2025 8:03 am
You should research more about breakout strategy if: You know when to quit You control your emotions You enjoy technical analysis You prefer assets that have high volatility News trading Despite the news being an essential driving force for the market, beginners tend to avoid news trading as their main strategy. Linking all your plans on major news releases demands a certain level of experience, but you can incorporate the elements of this strategy in your earlier stages of trading.
This strategy involves a bigger amount of risks than usual and requires a eritrea business email list thorough analysis of the situation. If you trade based on the news, the economic calendar should be your best friend, as well as a live feed of major events that happen around the world. Traders have 3 major options: trading before, during, and after a release. These options are suitable for different groups of investors, trading before the news release being the most low-risk friendly among them.
News trading is something you should try if: You have experience in fundamental analysis You are very peculiar about your risk management options You control your emotions well Of course, there are hundreds of different trading strategies, however, these four will help you find the direction in which you would like to develop your trading style. Don’t forget that every strategy needs practice - spend a few days or even weeks testing them with different assets, write down your results, and don’t be afraid to drop the ones that don’t work for you at all.
This strategy involves a bigger amount of risks than usual and requires a eritrea business email list thorough analysis of the situation. If you trade based on the news, the economic calendar should be your best friend, as well as a live feed of major events that happen around the world. Traders have 3 major options: trading before, during, and after a release. These options are suitable for different groups of investors, trading before the news release being the most low-risk friendly among them.
News trading is something you should try if: You have experience in fundamental analysis You are very peculiar about your risk management options You control your emotions well Of course, there are hundreds of different trading strategies, however, these four will help you find the direction in which you would like to develop your trading style. Don’t forget that every strategy needs practice - spend a few days or even weeks testing them with different assets, write down your results, and don’t be afraid to drop the ones that don’t work for you at all.