Quote from: seleme on June 09, 2019, 11:44:51 AM

Quote from: Victorycoin on June 09, 2019, 06:13:31 AM

Quote from: wawanlindu on June 02, 2019, 12:12:26 PM

Maybe we all agree, one of the things that can affect prices is good news and bad news. However, it would be nice to combine with price action to be more accurate in making decisions.

News can play an important role on price movement but many a times result can move opposite of the movement on news time. It is because people become more anxious for the news and they try to buy a lot for good news and try to sell for bad news.

The reaction by market participants to the news is more important for me than checking the news itself. AFAIK, there are trading tools that can quota of buyers if news comes as expected and vice versa. After trying to trade the news I lost money because of mistakes that I should not respect.

There are a lot of time trading depend on news can make a huge loss as people may start trading by the base on news but market maker may try to play the market opposite of the news, so before trading need to be more conscious.