Ok for the ones who dont understand the message was posted by me before the trade the news thread. What follows is about news trading and might dissuade some and maybe encourage some to attempt to trade the news.


Hello everybody, I am sorry I did not read anything of this thread there, and I am sorry for the poor english, for people who are interested in trading the news, here's a narrative with some critical tips...

Well I have been trading forex for a little more then one year today , I am 23 ( still young ^^) and I questioned myself about lots of things on forex, before the day I thought, what about trading the news... you need to understand that before trading the news, I lost some money and made some money, thx to the technicals, I did not care about the news, the news was some thing harmful for me. Then I had been loosing a bunch of money, I thought, hey what about straddling the news, in the company where I worked, all the orders were filled up it was fantastic. So before any NFP or retail revenue or whatsoever, I d put my entry stop order, 5 points up and 5 points down, 10 secs ahead of the news, it was rather stressful, and can you imagine that, no freeze, now spread Growing, no slip, no nothing... if the market proceeded 45 pips in the very first shot... I d get 40 wherever it went... I didnt understand nevertheless it was the fantasy of several traders... hahaha I wouldnt even know that the end result of the news.... And you understand what was better... it s that on each of these I had a wonderful little trailing stop, 5 points off from my position, which would assist me in case of rapid returns spikes... So it went on and on for a month or so... and unexpectedly, the soft began freezing and not carrying my orders at the desired price... it had been the end of the eldorado. I must confess that after three weeks, I thought... I am the new warren buffet of this forex hehehe. Well anyway now, the dealer is always following me and I dont trae the news ( though I use the *** news terminal which is quite fast) I had two opportunities to enter the market ahead of the spike, but generally its slower then the spike.

Gt;The point of this story is that, this forex compnay in which I had been in was rather young and maybe not familiar with the traders who Wish to trade the news... So based on this adventure, I sent one of my traders ( hehehe yes I do have some men trading under me!! ) To a different of that newbie firm that isnt conscious of such things, there it worked 3 times and then we lost half of that which we profited so we left... We attempted again in some other companys, but it s tricky to find newbie firm with 5 points entry limit and monitoring stops that fills your orders on the news. I am still in the study of such company, where the chance disappears fast!!

Anyway for anyone who is trying to trade the news I need you great fortune. For now I gave up and trade just fundamentals with technicals, kind of mix, it s not quite as exciting and rewarding as trading the news, but forex is similar to a dream tool for me... still two years back I was wondering what kind of investment would be the best.... etc.. .

As it s not the subject here, I'll post in another thread, how to make a lot of momney with some simple to trade currencys etc.. . And give you a winning egy among many others...

Have an enjoyable day trading!!!

CHeers

Bigbrotheriswatchingyou
Anyway trading the news can be the most profitable matter of course... Now in my company 1 trader nevertheless succeeds in trading the news, but it s quite scary and his orders arent stuffed at all. . .etc... and he looses money occasionally...

joyful trading