Trading the news - how?

[TraderPierre]

Originally Posted by chakki

Hm, sure that we can not say the FOREX trading is not easy way to earn

If 'we can not say' that it's 'not easy' does that mean you're saying it is easy?

If it's easy then why are 99% losing money? Are they all just poor dumb schmucks not 'bright enough'? You could have a point going by most of the people posting here, this thread is a classic example!

I still say 99% lose because they see regular daily market moves of 50, 60, 100 pips, work out that with their $500 and 100:1 leverage they can trade $5 a pip and be rich. These are the same type of morons who flock to the slot machines lured by the bright lights and potential big payouts but too stupid to realize the odds are ridiculously against them.

You're building a system and it works? That's great! Here's a tip though, profitable trading isn't all about developing a 'system' to tell you when to buy or sell.

If you are studying 'forex tradong' and you still wonder why price goes higher or lower on bad and good news then forget your system building and learn about what makes the market tick, literally!

[fuzz.a]

Originally Posted by TraderPierre

If you are studying 'forex trading' and you still wonder why price goes higher or lower on bad and good news then forget your system building and learn about what makes the market tick, literally!

Look, did you had your experience while being a bouncer at the gate to Forex, kickin' the guts off the fellows who just tryin' to spend another $ on the market? It seems so.
I am sales manager and have some time to learn more in this life and I don't hurry. I really don't! I go at my pace. That's why my questions still in the beginners area. Maybe you are know-the-best? Then show us your trading history for a last month please and we all praise you here.

Originally Posted by Chakki

The problem is that the relation between technical and fundamental analysis is not explained in the classical books so sometimes I wonder why price goes higher or lower on bad and good news.

True, man! From the basic trading courses (yes I've been really told this!) I know that the price rises upon the positive news and falls down upon the negative ones.

[chakki]

2 TraderPierre: You know I'm studying now. But I hear much from you, but no IDEAS of trading, studying and so on. What do you do to trade?

2. Fuzz.a I thought so too until I took a free course at the trading on academy Masterforex-V. But later on I asked myself - why the prices goes - the news can be bad, but the prise goes up. Why so?

[TraderPierre]

Originally Posted by fuzz.a

Then show us your trading history for a last month please and we all praise you here.

What would I want your praise for, it is of no value to me! And how is my trading history going to affect your trading?

You asked a question, I answered it. You think you have a chance of making money and I told you the realities. Sorry if that upsets you but that's just the way it is.

[TraderPierre]

Originally Posted by chakki

You know I'm studying now. But I hear much from you, but no IDEAS of trading, studying and so on. What do you do to trade?

What ideas would you like? What, you want me to teach you how to trade? Not a chance! I would only consider teaching someone who has common sense and going by what you've written in this thread so far you don't qualify

You want to trade a session with me and see how a trader trades? Sure, no problem! When you've saved up enough money to open a live account trading full size 100k lots we'll trade and split the profit on every trade I call.

My trading? You have no idea!

[chakki]

2 TraderPierre

You know, I have 100k USD to trade, I am not sure you do. Though if you are so experienced and qualified it looks strange that you spend that much time to say much and say nothing at the same time, this is just wasting my time for now and yours too. I am tired of reading empty posts with much words and no sense.

[TraderPierre]

Originally Posted by chakki

2 TraderPierre

You know, I have 100k USD to trade, I am not sure you do. Though if you are so experienced and qualified it looks strange that you spend that much time to say much and say nothing at the same time, this is just wasting my time for now and yours too. I am tired of reading empty posts with much words and no sense.

Why is what I have important to you, 1k or 1mio, it shouldn't make any difference to you, just the same as what you say you have is unimportant to me (oh sorry, was I supposed to be impressed by $100k?)

Being frank I don't think you would recognize sense if it jumped up and bit your butt! If you're incapable of understanding the sense in my replies about market reaction to news then that's not really my problem.

You see this is why I rarely offer to teach people to trade, people like you have more chance of flying to the moon than making it in this business

[fuzz.a]

Originally Posted by chakki

I thought so too until I took a free course at the trading on academy Masterforex-V.

What do you study at that Masterforex-V academy? Do they have a site? Could I see it?