Probably the main reason most traders by a long shot lose, inability to tell fact from fiction.sheeple for the most part love a bit of gossip and bs.
Probably the main reason most traders by a long shot lose, inability to tell fact from fiction.sheeple for the most part love a bit of gossip and bs.
Anybody stupid enough to trade based on news isnt going to be a winning trader to begin with as any news will be cooked into the price before retail traders ever hear it. Can you tell us a news source you would make a trade based on an article you read?Probably the main reason most traders by a long shot lose, inability to tell fact from fiction.
Anybody stupid enough to trade based on news isnt going to be a winning trader to begin with as any news will be cooked into the price before retail traders ever hear it. Can you tell us a news source you would make a trade based on an article you read?
Is that really why you think the market dropped today, I mean seriously?K, let's look at this logically. At around 12:45 PM ET today, Bollard comes out and says "I think we should hike 100BPS by July."
So there's the news. Was it baked in? Hrmm, let's look at the chart...
View attachment 277898
So with his announcement, you had hours and hours to go short on the hawkish news. Where is the bake-in? Please explain why the opportunity was lost, and after 12:45 PM ET, there was zero opportunity to make money by going short on this news?
Please! PLEASE EXPLAIN IT TO US!
Is that really why you think the market dropped today, I mean seriously?