There are some experts who advise against trading the news because
they claim it is too risky. I have been observing the reaction of the
EUR/USD upon release of the non-farm payroll report about
3 months. There has been no huge spikes up or down prior to the
release to shake anyone out of their positions, unlike the stock market,
where this happens frequently. Risk can be greatly minimized by trading
a small lot size and using stops. You can even play both sides in 2 sep-
arate accounts. So, can anyone let me in on why trading based on news
is risky?
they claim it is too risky. I have been observing the reaction of the
EUR/USD upon release of the non-farm payroll report about
3 months. There has been no huge spikes up or down prior to the
release to shake anyone out of their positions, unlike the stock market,
where this happens frequently. Risk can be greatly minimized by trading
a small lot size and using stops. You can even play both sides in 2 sep-
arate accounts. So, can anyone let me in on why trading based on news
is risky?