đ„ Why 99% of traders lose money on news (and how to become part of the 1%) đ„
We've all heard that trading the news is key. The idea is simple: news moves the market! But why do 99% of traders lose money trying to guess which way the price will go? đ€
âMistake #1: Expecting a direct reaction
The market doesn't always behave predictably, even after major news. Often, the price first goes against your prediction, and then reverses in the right direction.
âMistake #2: Letting emotions take over
Panic when the price starts moving erratically and greed when you want to make money immediately can be destructive.
âMistake #3: No strategy
Without a clear plan, the news becomes not a "gift" but a "trap" for your account.
đŻ How to be part of the 1%?
â Donât chase immediate reactions â wait for the market to settle.
â Use risk management â always have clear stop losses and targets.
â Keep your emotions under control â donât let greed derail you.
â Develop your own strategy for trading news events.
đ Want to be among the successful traders making money off the news? Drop a comment and share how you trade during major events!
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