News traders are people who trade exclusively on economic news announcements. Their aim is to make the most profit in the shortest time possible. It’s not unusual to have a market movement of a hundred pips of more, just 5 minutes after the news is announced.
News trading is a highly risky style of Forex trading, and is generally not recommended for novice traders.
Amateurs who think news trading is a way to make easy money are often taught an expensive lesson by the market.