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MidasHFTLogic
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MidasHFTLogic
How do you manage risk during high-impact news events in forex trading?
in
New Traders
Feb 13 at 08:11
It’s interesting seeing the consensus here lean heavily toward staying flat or drastically reducing size. For manual trading, that is absolutely the correct approach. The execution risk (spread widening and slippage) will easily break a standard setup.However, my approach is completely different becsuse I transitioned to fully automated logic. High-impact news like CPI or NFP isn't something to avoid; it’s actually the exact volatility and liquidity needed to close out cycles much faster.The trick isn't predicting the direction, but managing the exposure mathematically. Instead of using rig...
What is Your Thought on Using Signal Provider Services?
in
New Traders
Feb 13 at 08:05
I totally agree that signals can be a solid stepping stone for beginners, but they absolutely create a massive dependency in the long run.The biggest issue I found with manual signal providers isn't necessarily their win rate, but execution latency. By the time an alert drops, you read it, open your app, and manually punch in the trade, the optimal entry price is often already gone—especially during high-impact news or volatility spikes. The market simply moves too fast for human reaction times.I eventually ditched signal groups completely and transitioned into fully automated algorithmic t...
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