Motives
You must examine the motives of the person writing the news article. I seldom trade the news. Most of the time the news article comes out after a significant move has occurred. Ask yourself has this person invested in that stock and is now offloading it. This is called "The greater fool theory". The person buying at the top gets stuck with a stock that is going down in value. This was common in many of the so called "Meme" stocks. By the time the news outlets produced the story on Gamest...

Not following a stop loss plan when the stock price started falling. Lost 85 % of my profits for the year by holding options until expiration. Lesson learned, have a plan going in, purchase price, target price, and stop loss before executing a trade, and most importantly, stick to the plan.

Have a consistent executable plan. Learn and develop chart reading skills. Learn how to identify up trends and down trends, both can make money. Avoid ranging markets, up one day down the next. Have a clear entry point, stop loss, and target before entering a trade with at least a 2 to 1 ratio for target gain vs loss. Remember there will be small up and downs in a trend, don't sell a position as a knee jerk reaction to a minor move, chart reading skills will help here. even if you only have 50 % winning trades this strategy will make profits and take emotions out of the equation.

First you have to identify the type of trader you are. The indicators that work for a scalper or day trader may be very different than the indicators that will be useful for a swing trader or buy and hold trader. I'm a swing trader. I use the 200 day simple moving average to indicate bullish or bearish trend. If price is still above 200 dma the trend is bullish if price is below the trend is bearish. I like using 10 or 12 period rsi for entries. if price is above 200 dma and rsi is less than 30 and there is no apparent reason for the low valuation,i.e. no bad news, disappointing earnings,  etc. it's time to place a buy. I caution you to take rsi for what it is, a momentum indicator.  just because a stocks rsi is above 70 doesn't mean  that you should take a short position.  The rsi can stay above 70 for a long time with hot stocks and you can miss out on the strongest movers with such tactics. ...