News and its Effect

Nope.

I don’t believe any retail trader does, in the long run. Not at all.

People say they do (on Youtube, etc.) but it turns out that their income’s really from marketing on Youtube etc., not from trading. As so often!

Read every sentence of Ryan’s post just above, David - it tells you what you need to know! :slight_smile:

Regulators and big prop-firms always say that retail traders trying to trade the news is the commonest cause of account-loss.

It’s basically trading without a stop-loss (because “news” is the one time that your broker can’t honour your stop-loss, and it says somewhere in their small-print that they might not, but nobody reads it all!).

People think they can do it, and say so on forums. Everything goes nicely for them the first four, five, six times they try. Then BANG - the seventh time; margin call, no funds, out of business.

Don’t even think about it. :wink:

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