ECONOMIC NEWS RELEASE | HOW TO TRADE IT EFFICIENTLY in 2023
Learn how to trade the news as a business this decade | Real time application | 2023 version
What you will learn
How to trade the economic news release
Use of the latest news app
Fast low latency trading
Evaluate news trading for prop funding
There are many ways of trading the Economic News Release as an online business. Straddle is a popular one but we will use the banks' way instead. It is safer and faster. The banks use 2 ways to trade economic news releases. The first one is HFT, and that stands for High Frequency Trading. It uses high speed computers to trade on millisecond timing. This requires a good financial backbone for the physical structure. The second technique used by the bankers is trading on realtime release. This means that if the news are very good, the banks buy the currency, if the news are very bad, they sell, and if the news are so and so, they do nothing and sometimes react later. Our course is teaching you this method. It is so accurate that you can start making money on day 1 or I'll give you your money back
We use a real-time economic news release application, available from the website. It has a 14 days free trial and after that, you register for a minimal fee of $10 per month. We have tried to find free ones, but the release is not real-time and lapses into the seconds. That is too late. The banks have already reacted by then. We will set up together a free robot that closes the trade upon reaching a predefined profit that we calculate beforehand. This course shows you how to do that by using a calculator that is on the website.
You can trade this system with a real account of £200 with a 0.04 lot setup. The best would be to have $1000 capital with 0.2 setup. On $1000, using 0.2 lot, you would be risking around $20 depending on the currency traded. If you go to forex factory website, you will see how many news trades you can do per day. The extreme minimum investment is $50 because of the minimum number of lots that brokers allow of 0.01. Trade the forex news like bankers do.
Well over 4000 dedicated chose this course for their trading adventure.
Happy pips dear traders
Where to get the news
what are the reviews for
Calculating the size of risk
Setting up the platform
"Close All" Robot
Choosing the direction of the trade and placing the order
Example of live trading
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