Quote:
Originally Posted by derrekmay
Can you compare fact trading with newstrading?
Or is it somethig totally different?
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"fact trading" is the briefcase and "news trading" is a folder in that briefcase.
to me anyway, fact or "reality" trading has to do with (duhhhhh) the "realities of the market, ie: when does the currency go up, when does it go down intraday, monthly, weekly, daily, etc ?
it simply deals with HOW the market functions, much as you would describe how to start a car ! ---- insert key in door lock, rotate key 1/4 turn to left, insert first finger to the right of thumb behind "release" on door knob, pull door towards you, remove keys from door lock, etc, etc, etc (modify if you have auto door locks !)
Reality trading tells you HOW to most profitably trade your position for maximum profit, but not how to FIND that trade !
mp