Should we read the news when trading?

The news may change the trend in the short term, but it has no fundamental effect on the long-term trend. Brother Ming rarely reads the news, probably for two reasons.

First, the news is too complicated, and it is difficult for different sources of news to be objective and fair. Relying on news to operate transactions is like everyone talking about what they think is delicious? And he will give a lot of reasons, and these reasons are difficult to be objective.

Second, from so many years of trading experience, when the trend is established, no matter what kind of news appears, it will only strengthen the concept of this trend. For example, in an upward trend, all bad news is good news; in a downward trend, all good news is bad news. In this case, it doesn’t matter if you don’t read the news. In the short term, just know that there is such a thing and pay attention to avoid it.

The rise on the night of the 15th was purely driven by news. There is a saying: news will eventually be digested by the market. Brother Ming has said in the circle that the data is fake, and he is very skeptical about this data. So this sudden rise must be adjusted later. The bull market cannot be supported by words, and there must be real gold and silver volume. #BTC走势分析 #5月市场关键事件 #ETH走势分析