News Trading - Straddle Strategy

I love this thread, it's like seeing gladiators in the financial arena.

After seeing your experience, I confirm that I don't want to touch a straddle or a stick.

The straddle is not a strategy, it's a leap of faith.

Today the publication of GDP was a disaster for me. I filled an order and the price went against me instantly.

That's exactly what many of us here are warning.

Have you tried an ECN broker? Perhaps with faster execution the straddle will improve.

If you depend on the broker to make your system work, you've lost.

I've been on the news for a year and I've never found a way to make the straddle profitable.

Sometimes it's best to assume that we can't beat the pros in their own game.

My final tip: if you want excitement, stay with straddle. If you want money, find another strategy.

Thank you for sharing your experiences. It is useful for those who still believe in the fairies of the forex.

If your method requires millimeter accuracy to not explode, maybe the method is the problem.

That's more valuable than a thousand gurus selling smoke.

The best way to win with straddle is to sell straddle courses, not to operate it.

If you want to survive in forex, stop looking for shortcuts like the straddle.

Your experience summarizes trading in news: high tension, high frustration.

I just use the straddle as a demo experiment.

What you describe is like trying to catch lightning with your hands.

There's no way to make the market dance at our own pace.

Thank you for telling your experience. More than one will avoid burning your account by reading this.