some of the experiences from trading that I experienced following the news were sometimes very helpful in analyzing the trade that I did. but I have to be sure that the news can be accounted for and from trusted sources.
News can move the price differently, it can be a big factor for the price so trading sometimes through the news is good but don’t depend on that, its still good to have something that is base on the studies. Analyze the market with less emotion, news can be your good guide.
Topic: Do Not Trade By The News, Follow The Price Action - page 12. (Read 19613 times)
True enough, we shouldn't trust the reliability of the news when it comes to trading. Oftentimes, things in crypto space are just made into a big deal by the people behind it to fulfill their self-vested interests. If we trade by it, we're more likely to be losing than gaining. I suggest that you study the flow of the price, the graph and analyze it wisely. For me, my instinct based on my own analysis is more dependable than the news in the market.
Good or bad news about crypto basically helps a little in the movement of coins, depending on the news, actually this moment must be quickly taken when deciding to buy a coin, but sometimes the news has no effect on the development of a coin, but news can be a reference to buy certain coins but must be balanced with market analysis
Long term trader don't have to take the news and the market situation into an account but the day traders need to react to the news as much as possible to make money from that condition.If you are not making any profits then don't take any trading decision.
some of the experiences from trading that I experienced following the news were sometimes very helpful in analyzing the trade that I did. but I have to be sure that the news can be accounted for and from trusted sources.
Only crypto market is the one which is 80% influenced by news only.
some of the experiences from trading that I experienced following the news were sometimes very helpful in analyzing the trade that I did. but I have to be sure that the news can be accounted for and from trusted sources.
News can move the price differently, it can be a big factor for the price so trading sometimes through the news is good but don’t depend on that, its still good to have something that is base on the studies. Analyze the market with less emotion, news can be your good guide. 
some of the experiences from trading that I experienced following the news were sometimes very helpful in analyzing the trade that I did. but I have to be sure that the news can be accounted for and from trusted sources.
Sometimes they releasing News how's to market grows and goes as usual we need news to take notified those people always and to learned what will gonna do in the market situation also.
Currently alot of positive news on the crypto market but the market just sideaway , so i think Technical analysis is more accurate to predict the price action. According to my technical analysis , the price of Bitcoin can be sideaway in others 2 month more and then after that will start to rise and going up.
I have confidence that news affects prices, but not all news will have a negative effect. Confirming news is something that must be done, for example hacking news. we have to understand the details, sometimes they create hacking for their free ads. Because in trading there must be cheating to get a lot of profit.
My friend act exactly opposite of this decision. He likes to trade risky and unpredictable moments in market. News trading is profitable if you know what you are doing. Following his advice i learned how to trade news. Comparing the odds the result is impressive in news trading.
all things consider, analyse news, TA, and market movement. you cant only rely on 1 source of information to make good call.
Exactly! The more you have sources of information the higher the chance that you won't fail in trading. Some traders don't recognize this yet, but they will figure it out soon when they kept losing because they are dependent on a single source of information.There is a lot of room for improvements if you only strive from it you can get it in no time.
yes it is not necessary because the news is not necessarily the truth, follow the price action because that's where we will know when the right time to sell it and get a profit. the most important thing is to believe in your own position because success here depends on you.
I believe that in order to effectively trade you need to use different types of analysis. This technical analysis and fundamental analysis and news analysis. I'm sure that it is impossible to trade successfully relying only on one type of analysis.
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.
I totally agree. If you engage in intraday trading, no news will help in understanding the prices. All you need is a cool head and an understanding of technical analysis. News is needed for long-term coin storage.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.
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.
I totally agree. If you engage in intraday trading, no news will help in understanding the prices. All you need is a cool head and an understanding of technical analysis. News is needed for long-term coin storage.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.
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.
I also believe that the news is an extra noise in the head for the trader. Most news stories are created specifically to manipulate people. You'll never know the truth behind the words in the press. Besides, the news is always late. If you trade, you can easily see that on the day of the news, the price either has already fallen or is already at its peak. News can be used for long-term or medium-term trading. Remember one thing: buy by ear, sell 2-3 days before the event.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.
honestly i also doubt all news about crypto bad/good, the actually prediction is the price market.
well i hear about in the year of 2018 someone say bitcoin will hit 20k again. but in fact it will be hard.
so i dont really focus about news, just look about the market and you will know the situation.
well i hear about in the year of 2018 someone say bitcoin will hit 20k again. but in fact it will be hard.
so i dont really focus about news, just look about the market and you will know the situation.
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.
I totally agree. If you engage in intraday trading, no news will help in understanding the prices. All you need is a cool head and an understanding of technical analysis. News is needed for long-term coin storage. 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.
Some people says that bitcoin will rise up this month of december but until now bitcoin's price not already recover same to other altcoins that still going down their price until now.
It is very easy to say that the price of bitcoin is going to grow in December but people fail to give a satisfactory explanation about why they think this is going to be the case, and that is not how the market moves, there must be a reason for investors to come back to a market that has been crashing all year and I am sorry to say this but I do not see it, so it is unlikely that we are going to see the recovery that many members of the forum are expecting. Jump to: