Day Trading SELL THE NEWS???

1,746 views · Published 2 August 2017 · 5:02 · Indexed 6 November 2026

Channel: Patrick Wieland · 2017 · Education

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You know that old saying "Buy the Rumor and Sell the News" well this idea is a little bit different... The idea that people when their Day Trading become emotionally attached to the news. Lets say a stock has really bad news so you short it and you know it has bad news but all of a sudden it starts to squeeze! Being attached to the news you reluctantly hold through the squeeze because you believe the news is too bad. People always ask me if I research news and look into the news? I will sometimes but almost all the time I just trade the chart. Focus on the chart and the move in front of me not focused on what some PR says. 

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