Post
Topic
Board Trading Discussion
Re: Trade and make a profit in a Volatile market
by
DevilSlayer
on 07/07/2020, 06:33:35 UTC
A trader has a set of rules that they follow when they trade, There's nothing wrong on trading on a volatile market because of the profit. But for me, But profit to risk ratio is a bit uneven. Which of course is worth it for my case. The best thing trading crypto is it's volatility. Even stock traders left trading stocks to crypto because they know that they can earn more. Just remember, Volatility = More risk.
A wise trader have set of rules that is required to follow like having a good plan where it consists of entry point, cut loss level or the invadilation level and the target profit or the trailing stop. Those words that I mention are the fundamentals of the technicals and we can use it in order to make profit even the market is too volatile.

Considering the volatility is a factor especially if we have a big portfolio. We should really have a good plan that we should follow whenever we execute our trades. It is not hard to make profit in volatile market as long ad we have set of rules that we should always consider.