Captain_Walker
Education

POLITRICKS: Avoid it in your trading

FX:GER30   DAX Index
I briefly mention the political situation in the world that affecting many stock markets.

I'm seeing wide swings on a daily time frame, whenever their is good or bad news.

Traders would be wise to avoid gambling in these sorts of volatile markets. Those with large accounts can of course take a position and ride out the volatility in following a trend.
This is actually the most important thing in trading https://uk.tradingview.com/education/tradingpsychology/ Between 70-90% of retail traders fail, probably because they think making profits is about charts and patterns etc.
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