Trading News. Price Slippage.
You could also experience SLIPPAGE.
Slippage occurs when you wish to enter the market at a certain price, but due to the extreme volatility during these events, you actually get filled at a far DIFFERENT price.
Big market moves made by news events often don’t move in one direction.
Often times the market may start off flying in one direction, only to be whipsawed back in the other direction.
Trying to find the right direction can sometimes be a headache!
Profitable as it may be, trading the news isn’t as easy as beating some toddler at Fortnite.
It will take tons of practice, practice and you guessed it… more practice!
Most importantly, you must ALWAYS have a plan in place.
In the following lessons, we’ll give you some tips on how to safely trade the news.
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