Trading News Releases = Gambling ?

[MrN]

Do you take your position before or during or after the initial volatility fades ?

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.

 

[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.

 

[pinfire]

I'd say that trading strictly the release is a form of gambling. However, if you can read price, you can usually tell if it's setting up for an up or down move before a release. That's been my experience, at least.

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.