news trading system

[rayzzzz82]

I see so many guru sharing their technical analysis / chart reading here. How many can boast that they have at least one year of track record with max dd < average monthly return.*

I wonder if anyone have tried news trading. Such method holding time is only a few minutes and as u all know the shorter the holding period, the min the risk. The sharpe ratio is also much higher in news trading compared to other strategies.

If any of u tried news trading, let discuss on the brokers and system use.

 

[Knight_Rider]

With the FEDS manipulating the data all the time it's not a good system. The Premium service for news is not cheap and you got to analyze the data yourself. Plus it's not 100% accurate. Ransquawk and talking forex are more useful I feel.

 

[rayzzzz82]

I agree. But with some investment in the right server and controlling the lantency of the news feed, this is a sure win, lucrative system. There are such system out there, u just have to dig them out.

I have tried using this for sometime, I can say it is the safest system available. The only downside is that u have to find the right broker.

 

[wahkao3]

[Stock investment]How to correctly make money on stock market news? Anyone can teach?

Everyday got so many news come out from bloomberg or Reuters. Some are positive, some are negative.

My idea is to camp at my computer, wait for the news to come out.
If the news is good news, I immediately buy
If the news is bad news, I immediately sell

My idea good or not? Any weakness?

Anyone can teach?

 

[Knight_Rider]

[Stock investment]How to correctly make money on stock market news? Anyone can teach?

Everyday got so many news come out from bloomberg or Reuters. Some are positive, some are negative.

My idea is to camp at my computer, wait for the news to come out.
If the news is good news, I immediately buy
If the news is bad news, I immediately sell

My idea good or not? Any weakness?

Anyone can teach?

I think he is refering to the premium service. Not the news from bloomberg or Reuters or CNN. The premium service gives you a headstart just before the news is release. They email you 2 hrs before the news is release. So up or down you got to analyse yourself. But sometime good news market also go down so I gave up on news trading unless I 100% cock sure.

 

[rayzzzz82]

I am developing a system which allow one to r3ach the market before everyone does. It sorta work like a hft system except one have to depend on the news feed and lantency.

Trading is not only about pattern reading, technical analysis. In fact these are outdated. The big boys all are dabbling in high speed low lantency system to squeeze the pips out of the market.

This is one of the many system I have tested. Look at the past trades which were made, they are made under sec and by doing this, sharper ratio can be improved significantly. Of cos, this is at the infancy stage. Any comments or feedbacks are welcome.

www{dot}myfxbook{dot}com/members/nutkaze/safe-system2/909250

 

[wahkao3]

nice equity curve at the later parts.

 

[Knight_Rider]

News sometimes move 20 50 or 120 pips. Difficult to gauge exit point within that few seconds.

 

[rayzzzz82]

nice equity curve at the later parts.

this is a system which I have been experimenting. As to how it works, it depend alot on news and if the actual deviates much from the forecasted. I cant control the returns but I can control the risk. This is what I aim to achieve.

 

[rayzzzz82]

News sometimes move 20 50 or 120 pips. Difficult to gauge exit point within that few seconds.

Hence, there must be a system to profit trail and cut loss if it moves opposite. Thus far, the sl is few and little. By setting a trailing stop, the rr ratio tend to be on the high side.

 

[Knight_Rider]

this is a system which I have been experimenting. As to how it works, it depend alot on news and if the actual deviates much from the forecasted. I cant control the returns but I can control the risk. This is what I aim to achieve.

Knowing the news beforehand very expensive. The cost how? I 1 person definitely cannot afford.

 

[Knight_Rider]

[Stock investment]How to correctly make money on stock market news? Anyone can teach?

Everyday got so many news come out from bloomberg or Reuters. Some are positive, some are negative.

My idea is to camp at my computer, wait for the news to come out.
If the news is good news, I immediately buy
If the news is bad news, I immediately sell

My idea good or not? Any weakness?

Anyone can teach?

I am feeling generous today. Give you a tip on news trading but on fx.

http://www.currencynewstrading.com/102963/uk-revised-gdp-qq-august-15-2014-currency-trading/

http://www.forexpeacearmy.com/forex...ading-plans-week-33-aug-10-aug-16-2014-a.html

 

[rayzzzz82]

let chat through PM? btw what system do u use? unless u specifically target news trading, I see now point using news feeds just to get a feel of how the market is moving.

News trading is nothing to do with technical or chart reading. Reading candlesticks to me is like an alien.

 

[Knight_Rider]

let chat through PM? btw what system do u use? unless u specifically target news trading, I see now point using news feeds just to get a feel of how the market is moving.

News trading is nothing to do with technical or chart reading. Reading candlesticks to me is like an alien.

I dun specifically do news trading. Like I said it's a premium service which I can't afford and it's not always right. I only trade what the charts tell me (24 of them). There are lots of free advice like Shoulders of Giants. I do get signals and analysis together with my custom indicators. I also use a system taught by my mentor. Forex course are useless. The top traders have a very simple plan so learn from them better.

A similar trading style. http://forums.hardwarezone.com.sg/money-mind-210/forex-tradingwithrayner-4178577-25.html

 

[rayzzzz82]

I dun specifically do news trading. Like I said it's a premium service which I can't afford and it's not always right. I only trade what the charts tell me (24 of them). There are lots of free advice like Shoulders of Giants. I do get signals and analysis together with my custom indicators. I also use a system taught by my mentor. Forex course are useless. The top traders have a very simple plan so learn from them better.

A similar trading style. http://forums.hardwarezone.com.sg/money-mind-210/forex-tradingwithrayner-4178577-25.html

I see. I guess little people use my trading methology. Although ur system might work, it require hours of chart reading. Risk is hard to control since the holding time is long. It would be good if u can share how u control risk as well.

I have invested much in the technology as it is something which work for me. Basically I think trading nowadays revolve around technology. The better technology u have, the more likely u are able to make big buck. In reality, my main trading platform is via a fix api, which allow me to enter and exit a trade fast.

 

[Knight_Rider]

I see. I guess little people use my trading methology. Although ur system might work, it require hours of chart reading. Risk is hard to control since the holding time is long. It would be good if u can share how u control risk as well.

I have invested much in the technology as it is something which work for me. Basically I think trading nowadays revolve around technology. The better technology u have, the more likely u are able to make big buck. In reality, my main trading platform is via a fix api, which allow me to enter and exit a trade fast.

I do like your methodology just that it didn't really take off for me. Real-time audio | Live news headlines squawk | RANsquawk.com and Talking-Forex - First for FX News - First for FX News is only real time news but at a cheaper price. So end of the day it's still cost vs reward which didn't really justify. If you have a better execution plan I'm all ears. Is it something like this? http://www.currencynewstrading.com/cnt-news-trading-ea/

Another expensive avenue
http://www.bloomberg.com/professional/

So to sum it all I still rely on skill. That nobody can take it away and I can trade anywhere in the world with a laptop. As long as the charts talk to you you are good to go.

 

[rayzzzz82]

Well, it does work for me, Henry Liu's strategy is outdated, although theoretically its the same but its alot of fine-tuning and hard code programming. Yes,the cost is high but having something which work in real life is definitely more rewarding than having to rely on pyschology or chart-reading guessing work. In trading, as long u can get rid of the unpredictability and second guessing, you are almost on the right track.

I hope we can work toward that.

 

[Knight_Rider]

Guesswork?? No no no Forex is not a gamble. TA and FA plays a more important role then stocks. Entry point is important so I just trade a handful of pairs knowing their characteristic inside out.

 

[rayzzzz82]

Guesswork?? No no no Forex is not a gamble. TA and FA plays a more important role then stocks. Entry point is important so I just trade a handful of pairs knowing their characteristic inside out.

Hmm, thus far what is your max dd? Can link to a myfxbook acc to see how is it? There is always something new to learn. I am keen to learn how accurate is your entry point and u are applying a grid system

 

[Knight_Rider]

Hmm, thus far what is your max dd? Can link to a myfxbook acc to see how is it? There is always something new to learn. I am keen to learn how accurate is your entry point and u are applying a grid system

Max DD is 6% so I came up with this formula $500 to every 0.01 lot. That for the long term trades.

http://forums.hardwarezone.com.sg/money-mind-210/got-1000-extra-invest-4765767.html

But for news and the likes DD can be a bit more but that is only for 10sec.

No I dun have a myfxboook acc but you can see my results here. wahkao3 will be bored cause this is the 3rd time he has seen. Demo acc on myfxbook yield fantastic results as broker dun spike and the charts are not as agressive. So I will look for demo accounts in myfxbook. I am the "detective" in our group researching signals and robots and brokers. Nothing has escape my eyes yet.

http://forums.hardwarezone.com.sg/money-mind-210/seeking-advice-multi-stream-income-4708272.html

http://forums.hardwarezone.com.sg/money-mind-210/forex-tradingwithrayner-4178577-23.html

Grid? Nah it's the worst system next to martingale.

Entry point can be refine by understanding normal oscillators. Even the normal stochastic. If you understand how is behaves not just the overbought and oversold then your entry point will be perfect. My motto is never take a loss so if you know how to hedge or recover from a bad trade then you are ready to ride the market.

I believe I have share more then I should so happy trading. Time to do homework for tmr opening.