Stay calm and manage risk!

With all the volatility that we had recently, a lot of people get the feeling that they are missing out on some great opportunities,just because the swings in the markets are so bif. The problem with that is, you just don’t know where the next big move is going. As long as you are just guessing,you might as well go to the casino.


Before i was a trader i thought that the times of high volatility are the times you make most of your money. While it is possible to make a lot of money in those times, your chances of loosing a lot of money are also increasing.It only makes sense to make a big commitment when the odds are in your favour. You have to pick your spots. That is why experienced traders mostly stay out of the market at those times,because they focus on risk management.


About Schwarzdaytrades

I am a full time day trader. I like to share my opinion about stocks and the psychology of trading.
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