Quote from: sarmrakib on Today at 12:38:15 PM

Quote from: david678345 on September 29, 2024, 09:19:22 AM

I am looking for opportunities to scalp/trade when there is indecision in the market…for example before powell speech bitcoin was ranging so I made some good profits trading within the range...are there any other opportunities when there is indecision in the market apart from hours before Powell speech?

News isn’t everything if you are a good trader. Trading is a tough way of earning. So that anything can happen in the market. Scalping is more risky though the market is ranging still you can loose your fund. However If you only wanna to trade on news you will have low chance of earning. So try to learn every option you will have more chance of winning and you can earn a lot. On the other hand it’s not a good way to depend only on news. We have to learn fundamental, technical and also price action. Those help us to nake a good entry and exit.

Trading with news is actually cool because of lately we have been seeing some news surfacing around the space and it's literally affecting the price of bitcoin, such as the Israel and Iran war, the US election and so many that is for bitcoin, but for other coin such as altcoin or shitcoin which they rely on bitcoin price movement to grow and also depends on the team involved the coin as they can manipulate the prices without any global news affecting the space, that is why investment on those coin should be reduced and give priority to established coin like bitcoin.