What creative ways have you found to manage the challenges of trading during volatile market conditions apart from the traditional risk management and stop-loss orders?
If I know that the markets are too volatile for my mental health, I take a step back and stop myself from jumping in. A tip I’ve received from some members here before is that, sometimes, no trade is the best trade.
Yes, I agree that trading during volatile market conditions is high risk, and should be avoided.
I really try to avoid trading during these times. I get too emotional too quickly and it’s just not worth my energy dealing with that lol, Unless I’m really sure of something, I just avoid it.
Sometimes, refraining from trading is the best course of action.
Sometimes the best trade you can make is with your TV remote watching your favorite shows instead. There’s no risk of losing money
True! But gotta be careful not to watch too much