If there are multiple events and you have a proper setup wait for the market to come to your order instead of trying to catch up the event. There is a chance that the market might spike to your setup first before it moves to the right direction as there are multiple events which affects the market in different ways
If you want to show the importance of understanding the market dynamics and having a well-defiend strategy you mentioned the right point, but keep in mind that all trading involves risk and even well-designed strategies can lead to the losses. So continuous learning and practice and seeking guide from experts can help to navigate these challenges.
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