Market Volatility: The Trade That Taught Me Patience
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Early on, I thought I could outsmart market volatility. I’d jump into trades during big moves, hoping to catch the wave. But one day, it caught me instead.
The Day Volatility Got Me I remember trading during a news event. The market spiked in my direction, and I got excited. I moved my stop-loss higher to give the trade “room to run.” Then, out of nowhere, the market reversed. My gains disappeared, and I ended up with a bigger loss than I could afford.
That trade taught me that volatility is unpredictable—and dangerous if you’re not prepared. What Volatility Did to Me
-Tempted me to chase moves: I couldn’t resist jumping in, even when it wasn’t smart. -Shook my confidence: The wild swings made me doubt my plan. -Made me emotional: I panicked when things didn’t go as expected.
How I Fixed It I stopped trading during news events unless it fit my strategy. I started using stop-losses and stuck to them, no matter what. And I reminded myself that no single trade is worth blowing my account.
What I Learned
-Volatility is part of trading—embrace it, but don’t let it control you. -A solid strategy and risk management are your best defenses. -Patience pays off when the market gets wild.
Struggling with market volatility? DM me—I’ve been there and can help. I also have a webinar this Sunday to help you tackle this challenge and stay grounded.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.