Post
Topic
Board Trading Discussion
Re: Do Not Trade By The News, Follow The Price Action
by
BlacksmithCorporation
on 23/11/2019, 15:43:40 UTC
News can dominate our entire life, especially when we are in the information age, information flying around the world with internet-enabled tools. In cryptocurrency trading, it plays a very important role, it can predict the market fairly reliably, in my opinion you should combine both factors together, news trading, follow the market, then analyze and then make a decision. I appreciate economic news anyway
Combining the two is not a wise choice, information must never accurately reflect market movements, updating too much news will confuse you.I think focusing on price action and Risk management will be much better.