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Trading on news
i have seen something in different broker news that they are banning the news trades.
my question tis why the trader do trade on news in the first place?
what is the benifit?
Well I guess it depends where you get your news from, I mean in the UK we have the BBC which is an unbiased news source that has to incentive to manipulate data or lie to you. But I guess it makes sense that brokers are banning news traders since they're often erratic at best..
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