all of them - they make a fortune from customers doing it, so they understandably encourage it
no - i avoid it, i don’t trade for about 5 minutes before it and usually 10-30 minutes after it (depending on whether it has much effect on the markets)
there are quite often spikes in both directions, all in a few seconds, which can take out your stop-loss in one direction, then hit another trade and take out that one’s stop-loss, too - it’s fraught with danger, however you do it, it seems to me
let me put it this way: all the people i’ve known, in all the decades i’ve been trading, who have been into “trading the news” (and i’m talking about professional traders here, not amateurs) have eventually had some disaster with it and given it up as a bad job
my feeling about it (i know plenty will disagree with me) is that although it’s really easy to have a good run with it, and it looks really attractive and promising when you do … eventually there’s an accident, and they can cost a lot more than you expect when your stop-loss doesn’t work!!
i think the important point for people to understand about it is that these are the exact times when a stop-loss might not be honoured, simply because the broker can’t honour it because of the frenetic price-movements, and therefore if you do it for long enough, you’re eventually going to have a real disaster where your stop-loss doesn’t work and you lose far, far more than you ever imagined possible
it’s not for me, anyway
the exception, of course, would be if you trade with guaranteed stop-losses (which some brokers do offer), and that would regulate your risk - but that’s also not for me, because they work out much too expensive in the long run: you have to pay very big spreads to use guaranteed stops
so i decided long ago to give the whole thing a miss
i wish good luck to anyone who wants to try it, but it’s a very tricky and deceptive business, and one in which i think the odds are really stacked against you
one of the big funding companies recently published information on this subject, too: they said that out of the people taking their evaluations who have a successful “first news trade,” the majority actually lose their accounts the second time they try it!!
it’s one of these things that looks easy, but will probably blow your account at some point