Trading Market Volatility
Even if you are a conservative swing trader with longer than average hold times, you know you must adapt your strategy to market volatility.
If you freeze when the market is dropping or popping (or as in the current market, doing both) you will either lose or pass on great trading opportunities.
And believe me, there are a ton of great opportunities whenever the market gets volatile.
However, opportunity does not always equate to profits.
The problem is most traders, and this is why 90% of traders fail, lose during these panic inducing periods because they do not have a “go to” volatility plan. They give up months worth of gains in a short period of time. They do not know how to adjust to the current market.
It does not have to be this way.
Have a “Go-to” Market Volatility Plan
Every swing trader should have a plan for when markets become volatile and when markets selloff. The plan must hit these four areas:
- account protection
- planning for the next move
- go-to trades during the selloff
- risk and trade management adjustment
In today’s video I outline one of my “go to” market volatility plays with my 2 recent NVDA trades that were alerted to Trade Report members.
You will learn how to:
- Adjust to the market
- Short the initial selloff with in play stocks
- Analyze potential reversal trades
- Adjust profit taking strategy and targets
Swing Trade Service
This swing trading service is great for those that work and can’t monitor the computer all day. We have in-depth nightly reports on the gameplan for the day/week and all stock picks that I trade will be alerted and emailed to you.
Check out the Swing Service HERE
Follow me, Paul Singh AKA “TheMarketSpeculator” on Twitter or email me at SinghJD1@aol.com.
