BlackBars
54 posts
msg #139624
- Ignore BlackBars |
11/29/2017 8:42:58 PM
I'm sure that everyone who has traded for a while has gotten screwed once or twice on a trade only because the market had an event that influenced a large portion of the market as a whole. However when such negative events occur theres always a portion of the market that is unaffected.
Anyone got a clue on how to avoid the market's influence from effecting short term /or overnight trades?
For example the Trump and Comey news that happened in May had a strong influence on a large part of the market because of the possibility of impeachment and such causing a panic.
What tools, methods, or even technical indicators are out there that can ultimately zero out that type of market noise and prevent my trades from getting screwed by news which has no correlation with my setup or the stock itself.
I am all eyes and ears.
|
Kevin_in_GA
4,599 posts
msg #139626
- Ignore Kevin_in_GA |
11/29/2017 9:42:51 PM
You need to be looking at systems that hold trades through these types of events - in the examples you cited, I'll bet that the investments you were in at that time are now worth more than they were then. The market of late ignores this on any time frame greater than about a week.
|
four
5,087 posts
msg #139630
- Ignore four |
11/29/2017 11:45:34 PM
What tools, methods, or even technical indicators are out there that can ultimately zero out that type of market noise and prevent my trades from getting screwed by news which has no correlation with my setup or the stock itself.
---
Perhaps..
Change your style to trade because of the "noise". ?
|