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News trading

Many of our young generation are falling on news trading because it gives traders quick return. Several news hit the market everyday and traders can make the best use of them.
 
For news trading, traders need sufficient courage and risk-taking tendency because when a new hit the market, the market becomes volatile.
 
As a day trader, avoiding major news releases is wise since volatility can trigger stop-losses unexpectedly. Even if your system projects a take-profit, sudden spikes may reverse trades. Only consider holding if you’re confident in exiting before news. Risk control and discipline should always outweigh potential gains.
 
The news release usually brings volatility and high spikes in different directions so better wait for the storm to be settled and then taking trades or staying side walks is better in my opinion.
 
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