News Hype

[blancspa]

Professionals working in financial services, often fall victims of news hype, like that one with Greece, Portugal and Euro tumbling across the boards dollar index rising on my gos the end of the world!!

In my journey I am not seeking people like that, but that ones only I find.
Where are those that are real market killers? I wanna learn from them.

 

[Rhody Trader]

Professionals working in financial services, often fall victims of news hype...

More like traders of all stripes often get caught up in the news. For some it's the basis of their trading and they do quite well with it. You want someone who doesn't factor news into their trading then you're looking for a pure technician.

 

[blancspa]

More like traders of all stripes often get caught up in the news. For some it's the basis of their trading and they do quite well with it. You want someone who doesn't factor news into their trading then you're looking for a pure technician.

That would mean operating in a higher timeframe then, I guess?

 

[bedsit]

I avoid reports, news etc like a plague. Sometimes difficult (out of the blue news)

 

[Rhody Trader]

That would mean operating in a higher timeframe then, I guess?

That's one way of going, but a pure technician in any timeframe won't look at the news at all - though his positions will be impacted by market reactions to it.