Am i seeing this right? Small bits of news are released at precise times to keep the longs from selling? And same with shorts? I see alot of tiny bits of news that are basically irrelevant. And carry no meaning But they have hints of "something is about to happen" and i fell for those also few times its like, bland flavor news with a hint of hope for longs and a sprinkle of lambo this weekend Very well crafted and carefully placed key words I see the news pop during or before a selloff and usually followed by chatrooms full of " wtf happened" im stuck now, loading up more, hold yolo, this will pop tomorrow. It keeps going down . Etc. Basically the news always followed by hodlers stuck in a downtrend when they thought something was gonna happen and they didnt sell and now stuck
Hi There mute9003, Trading the news even for professional event-based traders dealing in debt instruments is extremely challenging. There may be some benefit in using the news as a contrarian indicator. Someone trading the news is more than likely setting themselves up to be a Fish. (poker term)
Not trading the news. News being used by companies as a way to manipulate the herd. Especially in penny stocks and crypto Every day i see basically empty news with a hint of either panic or hope. And the comment section follows with people who got stuck in it Like "something is about to happen" news and boom. noobs who were about to sell based on indicators now are emotionally hooked and decided to hodl instead. And ended up riding the bear go straight to comments and "wtf happened" why is it going down I also see post after post of good-ish news on most of ths penny stocks while price continues to go down. Like every day they are pumping out some kind of news with tiny bits of hope or panic to sway the investors towards certain move
Leob...I cannot believe you made such a lucid post. As a technician this is a very on point observation. However, keep in mind that not many traders understand that particular time frame so they are not necessarily wrong. They are simply working on a different time horizon. As a day trader, my trigger points are exactly in line with your observations.
i dont even know what it means. yall posting these vague cryptic replies means nothing to people who are learning if you dont explain it... if i knew what you meant chances are i wouldnt be here asking questions so please if you post something that you understand as an experienced trader at least throw in a sentence or two explaining what any of that means
how does it get reflected in price before being released?isnt news supposed to be new? isnt that insider trading if you are being given news before everyone else?
Because the last post you made that I responded to sounded like a baseball game...you were at the bottom of the fifth...