Quote from: Swordsoffreedom on November 22, 2019, 11:53:04 PM

Quote from: bettercrypto on November 21, 2019, 02:47:56 PM

Quote from: DimitrisLodirogas on November 01, 2019, 10:04:15 PM

Reading news constantly and being on track?
Using platforms/tools?
Is trading view enough?
Thank you for helping in this matter!

Reading news always is not enough for a goid trades. Most of the time, we need to consider the chart and volume. Traders need to have knowledge in TA and FA profoundly. Because depending on news and signals are just opinion of others and we don't know how they find it. I better to depend on myself than to them.

In Forex trading like gold/USD or currency trading like EUR/USD, understanding news is very important in my experience. Things like unemployment forecasts or economic growth predictions can reverse a trend and it happens often times. So with just technical analysis you could expect one direction, but some news or announcement, or Trump's tweet for example, can neglect entire chart pattern.
In crypto, TA is usually enough, except if some major news are released.

Being on track with news is essential and know how to implement the events in trading strategy is key.
Hehe the trumps tweet, can't understand how a man with a phone can have so much power under his fingers.