In this short video, we take a look at using news in trading. For the majority of traders, keeping an eye/ear on the news is all about increasing situational awareness. Making sure you are aware if the market has switched from short term speculation-driven to one that is driven by major macro-economic news. If you don’t do this, then you stand a good chance of applying the wrong strategy in reaction to a move OR missing out on a one way news-driven move.
The key isn’t so much having the news, it’s having the news delivered to you in such a way that you can use it as a trader. That means audio & visual and just the news of interest and not a bombardment of irrelevant events.
So let’s take a look at how Journalyitx gives you both scheduled and unscheduled news so you can turn from news victim to profiting from the news.