News Trading

Discussion in 'Forex' started by Johny Messer, Mar 1, 2009.

  1. Ok here's probably a classic newbie question:

    I understand that news events make currencies very volatile. In my demo account this hasn't had any averse effects on the maintenance of my stop limits - which could be placed anywhere from 1 day to 15 minutes prior to a big news event . If the news went against my bet, the stop limit was triggered.

    My question: how does this work out on live accounts. I know that placing an order will be difficult immediately following a news event. But what about missed stop triggers. Do they often happen on live accounts shortly after news events?
  2. Adding to the above query, perhaps I can expand the question somewhat to get some more input.

    What are people's general insights and strategies when it comes to dealing with news events - especially in live accounts and with regard to differences in demo and live accounts?