🧙 ♂️ Buying rumors and selling news to those who still don't know or follow me recently
Buying a rumor and selling the news is a trading practice
Rumors are an essential component of price action, and news is one that has the opposite effect. In other words, it will give the trader more focus on rumors rather than news. In addition, it will be the entry point when rumors emerge, and the exit point when news emerges.
This trading strategy places great emphasis on the timing of each trade as the rumors and news come in other than the technical analysis of the stock or asset.
Knowing that news and rumors are about to emerge, traders make important trading decisions after these events.
If you don't understand, then see the world upside down 😂😂
An example of simplification The market from the beginning of the week was expected to raise the interest rate, so gold is correcting downwards (this is a rumor buying)
While after the news is released, gold is expected to rise, and this is (selling the news).
Buying a rumor and selling the news is a trading practice
Rumors are an essential component of price action, and news is one that has the opposite effect. In other words, it will give the trader more focus on rumors rather than news. In addition, it will be the entry point when rumors emerge, and the exit point when news emerges.
This trading strategy places great emphasis on the timing of each trade as the rumors and news come in other than the technical analysis of the stock or asset.
Knowing that news and rumors are about to emerge, traders make important trading decisions after these events.
If you don't understand, then see the world upside down 😂😂
An example of simplification The market from the beginning of the week was expected to raise the interest rate, so gold is correcting downwards (this is a rumor buying)
While after the news is released, gold is expected to rise, and this is (selling the news).