in the fact that the news that is spread is enough to affect prices, such as news about updates from the project itself, in practice it really requires special expertise to analyze prices in trade
Of course news really affects prices in the market. so I disagree if you ignore this indicator for your analysis. the news must be your reference to determine where the price will occur. the importance of this news until some time ago when news of the ban existed. then prices dropped very sharply 
Topic: Do Not Trade By The News, Follow The Price Action - page 17. (Read 19557 times)
in the fact that the news that is spread is enough to affect prices, such as news about updates from the project itself, in practice it really requires special expertise to analyze prices in trade
It really affect to us if we listen to them especially for fake news, mentally bring us to do panic selling if we follow them. Its individuals appreciation and understanding to the market, if believe into these then there is nothing to worry even people are shouting for the crash cause it won't happen to crypto. 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.
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.
Well this is speculative style of analysis. And sometimes fundamentalists use this approach. Technicals on the other hand would only be bias on the chart like yes the price action and other markers for the conviction of their interpretation and next action.
Some news are just giving you negative or positive view about cryptos. If you believe the news about certain events that can make your trading yield a very good profit, it's much better if you also crosscheck it for yourself whether you will buy the news or not.
You know, most of the news turns to be simple rumors. Thus, I also think that it is not wise at all to follow them to trade. It is better to monitor the prices and use technical analysis.
Trading by the news is very risky. Its hard to rely on the news that are coming out. Don't trust easily what the news are telling. We need to trade by our own knowledge.
news is fundamental and is one of the dominant price formers in crypro, whether it's good news or FUD. being a winner in the market is very difficult because all want to profit until there is a lot of fake news and benefits some people. seeing from many points of view will make you more able to understand the direction of the news and the formation of coin prices in a fundamental market
You want to trade when there is news that is very good but you have to be careful because when you trade when there is news the price has risen to be expensive and surely you will be stuck at a very high price because you buy when the price is high, better you trade when prices are still very cheap. and when there is good news you only need to sell it at an expensive price.
in the fact that the news that is spread is enough to affect prices, such as news about updates from the project itself, in practice it really requires special expertise to analyze prices in trade
Some news are just giving you negative or positive view about cryptos. If you believe the news about certain events that can make your trading yield a very good profit, it's much better if you also crosscheck it for yourself whether you will buy the news or not.
A trader must be able to distinguish every information or every news that comes, this is the most important factor one can get profit when they trade. I don't think that TA has great power to change price movements. Every trader is more dependent on fundamentals, they use fundamentals as a benchmark between buy and sell. If you do not believe this, you can prove that when positive information comes the price changes will decrease or rise.
True, sometimes it is simply too late, when you hear about the news, and sometimes the crowd has not react, as you would expect. But all together, I would not recommend to ignore the news, instead just try to judge them wisely, and take into account other thing too.
the way that you mentioned is true but you should be able to see some previous cases of bitcoin prices and some other altcoins experiencing price increases when there is good news, so to be able to influence cryptocurrency price movements the news circulating in several media can also trigger prices rise and fall. cryptocurrency.
Or you can do both, You need to know where the supports and resistance is as well as understand what the team is doing, developments and also how the community is feeling about the project. Then only you can take advantage of the market and earn.
Following the price action is more safe as news also has volatility because there are many entities nowadays release fake news to manipulate the market for their advantage. That is why it is better to do your own research and analysis and follow the price action.
Following the price action is more safe as news also has volatility because there are many entities nowadays release fake news to manipulate the market for their advantage. That is why it is better to do your own research and analysis and follow the price action.
Fake news and so many of youtube channels generally makes a person confused about what's really going on leaving the actual scenario based on technical analysis.Recently we had seen a stagnant market and then a false flags formed,and people are really hoping for going to moon.
That no way sooner.So its always better to do your own research and follow the technical charts and analysis,history proves that after a long/big dip the bull run starts.News can be faked but not technical reasons.happy trading all.
This is one big problem of trading the news, people say all the time that it is important to watch the news about the coins in which we invested but the issue is what news to follow and from what website? In theory it seems like a very easy thing to do but it is not until you try to implement the strategy when you realize how difficult it is to be profitable with it.That no way sooner.So its always better to do your own research and follow the technical charts and analysis,history proves that after a long/big dip the bull run starts.News can be faked but not technical reasons.happy trading all.
Yes its very true my friend.Its more safe to get your own charts ready with rsi,macd,convergence,divergence etc many other factors and then decide.Hurriedly making any decision will be very dangerous.Moreover so many scams/hacks and anonymous whales moving crypto adds to more panic making the crypto market more volatile.I generally never go for much profit and at present btc left right moving swift trading suits me best.I am not hoping to see the bull run for next few days.Normal trading theory won't be very much applicable here.So its always risky.And with risk comes profit.Good day all.Happy trading.
but we should not forget that its not that easy to learn charts if one is newbie. and even sometimes charts can $&%@ us up.
to be able to get profit on trading then we must be able to read and analyze the market well, see if the coin movement has good movement and has the potential to get profit or not, so you should be able to find the right coin and it will be profitable
While its true but it becoming cliche now. let's say it's very easy to say but very hard to implement in reality. that's why 90% of traders lose their capital.
Technical and fundamental is a important thing in trading
You can not using one and decline the other, they are a one packets analysis to know market movements.
You can not using one and decline the other, they are a one packets analysis to know market movements.
Fake news and so many of youtube channels generally makes a person confused about what's really going on leaving the actual scenario based on technical analysis.Recently we had seen a stagnant market and then a false flags formed,and people are really hoping for going to moon.
That no way sooner.So its always better to do your own research and follow the technical charts and analysis,history proves that after a long/big dip the bull run starts.News can be faked but not technical reasons.happy trading all.
This is one big problem of trading the news, people say all the time that it is important to watch the news about the coins in which we invested but the issue is what news to follow and from what website? In theory it seems like a very easy thing to do but it is not until you try to implement the strategy when you realize how difficult it is to be profitable with it.That no way sooner.So its always better to do your own research and follow the technical charts and analysis,history proves that after a long/big dip the bull run starts.News can be faked but not technical reasons.happy trading all.
Fake news and so many of youtube channels generally makes a person confused about what's really going on leaving the actual scenario based on technical analysis.Recently we had seen a stagnant market and then a false flags formed,and people are really hoping for going to moon.
That no way sooner.So its always better to do your own research and follow the technical charts and analysis,history proves that after a long/big dip the bull run starts.News can be faked but not technical reasons.happy trading all.
This is one big problem of trading the news, people say all the time that it is important to watch the news about the coins in which we invested but the issue is what news to follow and from what website? In theory it seems like a very easy thing to do but it is not until you try to implement the strategy when you realize how difficult it is to be profitable with it. That no way sooner.So its always better to do your own research and follow the technical charts and analysis,history proves that after a long/big dip the bull run starts.News can be faked but not technical reasons.happy trading all.
to be able to get profit on trading then we must be able to read and analyze the market well, see if the coin movement has good movement and has the potential to get profit or not, so you should be able to find the right coin and it will be profitable
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