Tips to trade in a volatile market

volatile market   Even though it is one of the most liquid markets, there are occasions when it tends to become very volatile, for example when new data is released. For some time after data releases, the market exhibits confusion and this manifests in the shape of market not being able to form a solid trend, or if it happens, a lot of times there will be a V-shaped reversal. There might also be a political event or a natural calamity that brings about a change in the economic set up and reflect in the standing of that particular currency. We don’t realize how many factors affect economies every day until we take a close look at forex. What should be the course of action in this situation then? Given below are some of the steps one can take to prevent volatility from causing too much damage.


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