Every day there are some changes in the world. Politicians change, not only joyful but also tragic events occur, and we can learn all this from the news. The life of a modern person can no longer be imagined without news. Every day we scroll through news sites, watch TV or read newspapers in order to keep abreast of international news of the world.
News has always been in demand among people of all ages. It is interesting and even necessary for everyone to know what is happening in the surrounding world. Therefore, the main function of news is always to objectively and accurately notify about various events.
Essentials of News
News must be written by professionals. However, they should be based on the words of eyewitnesses, and not be just a retelling of someone else’s point of view. In fact, the journalist should be responsible for the information given to them, but often this is far from the case.
Unfortunately, today there is a lot of unreliable information. Therefore, the news about any, especially about a resonant event, should be rechecked several times.
A person cannot live in isolation and ignorance of what is happening in his environment. This may even hurt his mental development. However, it’s also not worth bothering with various information that is not always necessary. From General News with Allok you can have the maximum support.
Thus, news is an integral part of our life
In order to fully understand the importance of news for trade, imagine the following situation (of course, fictional).
Say, in the evening news, you heard a message saying that the largest software maker, whose shares you own, went bankrupt.
- What do you do first? How will your opinion about this company?
- How will the opinion of others about this company?
First of all, you are most likely to try to sell your shares of this company. So, most likely, would do any in your place.The truth is that news has a significant impact on our moods and actions, as well as decision making. This is fully true for Forex trading.However, there is one major difference in the news feeds on the stock exchange and on the Forex market.
Let’s go back to our stock example and imagine that you heard the same message about the bankruptcy of a software company whose shares you own, but heard about it the day before it appeared in the news.
Of course, you will try to sell all your shares of this company and as a result you will be able to save and even increase your capital, unlike those who hear this news in the evening news release.It doesn’t sound bad, does it? Unfortunately, such a trick is called insider trading and may end up in a prison.