Yes, I agree with you that we can not trade based on information because there is much fake news in the market. we are easy to lose money if we trust. However, if we don't get the news on the market immediately, we are also losing your chance.
Trading is not an easy job. If you take wrong decisions you will lose your money. To take right decisions on the right time is based on the technical analysis of the market trend. If you are capable to observe the market carefully and know the upcoming trend of the market, no doubt you will make handsome profits from trading. This is the key point for success.