Summary of Trading the News
That’s pretty much it….is it really that easy??? Heck no!! Well, maybe not at first. You’ll have to practice and trade many different reports before you get a feel of which news reports will make the market move, how much of a surprise is needed for the market to move, and which reports to avoid. Like in any other trading method, your success depends on your preparation and confidence in your systems and methods. This will take time and practice. Do a little homework and study the economic indicators on why they are important. Nothing worth having comes easy, so stick with it and you’ll find that trading news reports will be very rewarding once you get the hang of it.
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