Financial news is an entertainment business with a finance topic. By the time a story reaches you, professionals have traded it. Its real use is not deciding what to buy today — it is slowly building an understanding of an industry. Ask of any headline: does this change what the business will earn in five years? Almost always the answer is no.
Check yourself
The best use of financial news for a long-term investor is…
Deciding what to buy this week
Building understanding of industries over time correct
Following what commentators recommend
News is priced within minutes. Understanding compounds over years. Only one of those is available to you.
Learn this properly
This term has a full interactive lesson in Wick — the chart, the pattern to tap,
and a live practice terminal to try it on. Free to start.