Monday, 12 February 2007

No Positions Before News

Another important factor which plays a big part in the success or lack of success in CFD Trading or Day Trading is the major news releases which take place both in UK or in the USA.

As Professional Stock Market Traders, we should not leave the the outcome of our trading to chance; remembering the news release factor,is extremely important due to the high risk that we have already indicated surrounding the leveraged trading or Margin Trading.

Some of the news releases which we should pay extra attention to are:

  1. The USA GDP

  2. The USA Monthly Jobs Report

  3. The USA FED's statements

  4. The UK Interest Rates

  5. The UK GDP

As well as that we must always look out for inflation reports and always try to avoid holding any major positions before the major news releases.

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