I have an open microphone policy in my business, which allows members of the marketing department to contact me during the cash trading session. It is not uncommon to talk to a classmate and hear the financial network screaming in the background. It is my belief that trading while listening to financial news can be very detrimental to your business success. These networks typically hire individuals to evaluate current market conditions and make predictions in the business and investment sectors.
But there is a special problem with accessing transaction information from the network. Everyone has an agenda that you cannot or will not fulfill in your business. These people often have an agenda based on the political affiliation of the network, and many people are speculating on the results of daily market activities. What good is it?
In order to be a profitable business, it is important to do your own chart analysis and motivate businesses based on that analysis. Short-term chart analysis is the only acceptable trading method with real-time indicators dash. There is no question that a “talking head” can predict short-term price movements.
Your analysis was a great example today that your analysis is far more valuable than the network business brain. Because I am interested in stock issues affecting NASDAQ, I usually listen to one or more financial networks before starting a business. This morning there was a general consensus among the audience that NQ was going to have a new high in the morning session.
guess what? The morning NQ action was up, not up. The market did not make a small attempt to collect but remained in a downward spiral and spent a good amount of time trying new lows. Too much for TV prediction. Often in the portfolio of speakers, there is only a general estimate of the stock. Even worse, there is a good chance of a simple guess Can It happened
Another great example of misinformation spread by these “talking heads” is the pre-market forecast based on the direction of the night. In my experience, future prices are down overnight, indicating only a small correlation with the currencies that traders plan for the day. So to hear next year, “Night Price Index shows that the market is moving to a lower level.” You can generally leave the information as nonsense.
In conclusion, I listen to music or the advice given by “experts” can be a guide to my business and my business and my business and my business and my business and my business and my business and my business and my business and my business and my business and my business and my business and my business and my business and my business and my business. The day you are discriminated against is a recipe for trading risk. Do yourself a favor and leave the “experts” and make your own marketing decisions based on what you see growing on the chart.