Disliked{quote} Why should you stop trading during NFP and strong news? If you are using stop orders then news is at your side. There will definitely be a strong movement in one direction and this is sufficient for you to gain profits. As I understand it, Stop orders are for trending markets and Limit orders are for ranging markets. So you should be happy with strong movements in either side if you are using stop orders. You will come out as a winner whichever way the market goes. Those who are using Limit orders should never ever trade during NFP or hot...Ignored
Yeah, the logic is correct! Theorically is right like you point but live market is not a perfect enviroment like demo. In live accounts you have slippage, the spreads may get wider, your order may not get filled at your price, if the price spikes and retraces you may get burn.
In demo account grid during news time always makes money. For sure in my opinion is better face a news with stop orders but If it would be that easy like in demo everybody here would be already rich! just put a grid during NFP!
For this reason i prefert stay away from NFP and other high impact news, low impact news may be sopported but I just prefer stay away and trade safer.
Hope you got my point!