Trading News Releases = Gambling ?

Discussion in 'Trading' started by Fundlord, May 13, 2015.

Is It Gambling ?

  1. Yes

    6 vote(s)
    46.2%
  2. No

    6 vote(s)
    46.2%
  3. Cant Do It With A Decent Sized Account

    1 vote(s)
    7.7%
  1. MrN

    MrN

    That is somewhat proprietary however i will say the real issue is that "before, during, and after" are delineations that are mostly only visible with hindsight.
     
    #11     May 13, 2015
  2. Handle123

    Handle123

    I actually do the opposite of going in pre-report or on release of the report, have it automated cause I am too slow, LOL and it watches 40 markets, different reports/different markets. But I fade initial moves based on one minute charts. I have developed couple different entries based on how crazy market is. But I am not greedy and risk/targets are tight. I rather have very low losing percentages than high winning percentages. This allows heavier volume. Entry Stops are placed after price reaches certain quantifiers.

    I stopped the "Could'a would'a should'a thoughts long ago, they are negative thought patterns and not good for brain. I am very happy to be a singles and doubles hitter in Day Trading.
     
    #12     May 14, 2015
  3. pinfire

    pinfire

    Only some people can read market and manage their trades well . Most of them who trade in news blindly act upon news release . It becomes a gambling for them , It is not necessary all news are true and profitable for them.
     
    #13     Jul 4, 2015