Post
Topic
Board Trading Discussion
Re: Do Not Trade By The News, Follow The Price Action
by
Aion2n
on 25/09/2018, 19:12:01 UTC
I can't fully agree. I am sure that for the successful trade in crypto currencies, it is necessary to unite different types of analysis. Of course, first of all, with the help of fundamental analysis you need to choose the currency on which you are going to earn. Next, using technical analysis, you need to calculate the points of purchase and sale. After that, given the news background (if there is one), you can start trading.
In general, I agree with the fact that trading only on the news doesn't bring an excellent result, just like trading only on technical analysis will not bring excellent performance.
Therefore, I advise everyone to combine these types of analysis.