Doing A News Trade In Forex
@Umer25 a few points that I would like to clear is that. During “news trade” the market becomes very unpredictable (at least on my level). So the thing of technical analysis becomes absent here. So now it’s either (smaller loss + bigger profit = total profit) or (bigger profit from beginning) Secondly, in market whenever we someone closes a trade. It does affect the move (varying from very minute to a noticible, depending on volume of buyers/sellers and our trade size) that is because we create a minute difference in either demand and supply of something. And so technically the profit we make, through indirect farther channels equates/results into someone’s loss or decrease of potential profit he could have made. So will this be categorized in making money which is standing on loss of someone? Thirdly, we don’t actually own the asset we ought to “buy”. We don’t take it’s ownership like in spot trading. We only take a temporary ownership, which cannot be used in any other way, but only to be sold later. And either a profit or a loss is made is upon the move of market. And whatever we buy ie gold. I cannot take any other benefit of it at all. So here do I really own the thing that which I sell, I deserve the right on its price? Or is it like I do not actually own the thing, but I am given money if the price of it increases, whose move stands on “luck” During “news trade”?