It is easy to get stucked in this trap when you read a particular economic news and tell yourself that it seems likely to make the market go in a certain direction. Once you convinced yourself that what you expect to happen is basically you digging for your account. In the early years of trading, many traders were stuck in the trap of trading in news and focused too much on fundamental analysis.
Trying to find out what the market is going to act next after the major economic reports are published appears to be obvious and useful to a trader at the time. However, you may be surprised to learn that the trader focuses too much on news that is losing money as prices tend to move in the opposite direction from what the news reflects.
Definetly,you are right bro,and i appreciate your advise giving to us, thats in trading we need in actual happen and we dont believe in some fake news,thats they spread towards the community of bitcoiners in order to poison some traders and put up of our mind to not doing a trading operation,therefore in this situation we must follow our basic instinct or our own judgement with a guidance of data system analysis of coin market caps characteristic data spikes.
News plays one of the most important keys that all of us really need when trading, but yep, its brutally difficult to identify whether the news are faked or real. As we can see, usually news are the major reason that affect to the fluctuation of the whole market. Generally, the way we access the news probably affects to our trading. If we are not flexible plus giving a trust in news, you may get a bad result. Whats more, it depends on your knowledge, if you have a wealth of knowledge, definitely you will know how to get the news accurately.