News process: how to teach this to a mentee
Posted: Tue Oct 06, 2026 11:33 pm
When I explain my news process to someone newer, I teach it in three stages over a few weeks. Trying to teach everything at once does not work.
Stage one: the calendar. For two weeks, the mentee does not trade news at all. Each evening they write the next day's high-impact events for their pairs, with London times, and mark a blackout around each one. During the session they are flat during every blackout. The only goal is to build the habit of knowing what is coming.
Stage two: observation. For the next two weeks, they watch releases with no position open and write down what spread did, how far price moved in the first minute, and whether the first move reversed. This shows them in practice why trading the first seconds is expensive.
Stage three: post-news trades. Only after that do they try trades after the release, at half size, with setups written before the event. One attempt per release.
What I watch most closely is not whether trades win. It is whether the blackout is respected when a setup looks tempting just before a release. That is where most beginners break their own rules.
If a mentee skips stage one, every later stage falls apart.
Stage one: the calendar. For two weeks, the mentee does not trade news at all. Each evening they write the next day's high-impact events for their pairs, with London times, and mark a blackout around each one. During the session they are flat during every blackout. The only goal is to build the habit of knowing what is coming.
Stage two: observation. For the next two weeks, they watch releases with no position open and write down what spread did, how far price moved in the first minute, and whether the first move reversed. This shows them in practice why trading the first seconds is expensive.
Stage three: post-news trades. Only after that do they try trades after the release, at half size, with setups written before the event. One attempt per release.
What I watch most closely is not whether trades win. It is whether the blackout is respected when a setup looks tempting just before a release. That is where most beginners break their own rules.
If a mentee skips stage one, every later stage falls apart.