The Volatility of Forex, what can I use to make it as an advantage?

[Heatman]

Every day, the high volume of currency trades corresponds to billions of dollars every minute, rendering certain currencies' price movements highly unpredictable. By speculating on market fluctuations in either direction, you can theoretically reap huge profits. Volatility, however, is a double-edged sword. The market can turn against you quickly, so it is important to limit your exposure with risk management tools.

Considering the risk on it, may I ask what are the risk management tools that you are using? I have seen samples on the web but I guess some are not that helpful. Please share your thoughts about this.

I actually believe that those who are professional in forex trading know exactly what they need to do to take advantage of the market when it's in such state.

 

[GIFTMICHAEL]

When it comes to forex trading, we ought to learn about the basics, understudy the charts to avoid making trading without knowledge his it works.

 

[btaliat]

Knowing well on how to make use of this volatility is what makes a person a successful forex trader. A oerisn must learn when to sell his accumulated currencies and when to buy it.

 

[Dowenship]

Every day, the high volume of currency trades corresponds to billions of dollars every minute, rendering certain currencies' price movements highly unpredictable. By speculating on market fluctuations in either direction, you can theoretically reap huge profits. Volatility, however, is a double-edged sword. The market can turn against you quickly, so it is important to limit your exposure with risk management tools.

Considering the risk on it, may I ask what are the risk management tools that you are using? I have seen samples on the web but I guess some are not that helpful. Please share your thoughts about this.

The Votality of the market give you the opportunity go enter any market when when its as gone being reach... If market is not volatile, not everybody will be a trader.or have opportunity to invest...

 

[Chibson]

Everything that involves trading is quite volatile and that is the reason why some people make profit and some people lose their money.

 

[tyrim88]

One of the things and a big issue that investors face in the cryptocurency trading market is that whenever there is a dip in the value of any coin they are trading on,there is this high tendency for them to start panicking and rush to sell their coin,of which in most times this could not be a good strategy,especially if the coin has a high prospect of rising in the future.

 

[Sotherefore]

One of the things and a big issue that investors face in the cryptocurency trading market is that whenever there is a dip in the value of any coin they are trading on,there is this high tendency for them to start panicking and rush to sell their coin,of which in most times this could not be a good strategy,especially if the coin has a high prospect of rising in the future.

This is what always happens to me sometimes ago but that is not what happened to me now again because to me personally I don't see the reason why I should just rush to sell out any of my cryptocurrency when it is on spot

 

[Kelly5]

I would hav loved to see the some of those samples you said you have seen on the internet that has not been helpful. All that matters is that you should get properly tutored I how to trade effectively

 

[tyrim88]

This is what always happens to me sometimes ago but that is not what happened to me now again because to me personally I don't see the reason why I should just rush to sell out any of my cryptocurrency when it is on spot

That is actually the real fact,because for you to be trading in the cryptocurency market with lots of volatility ,you need to have a tough heart,without that any fluctuations will just unsettle someone.

 

[Setho]

If you have very strong analytical and technical skills then you can make money no matter the direction in which the market is going at that time.

 

[Tracee]

Don’t Panic Sell
It’s only natural to look at falling prices and assume now would be a great time to exit your position, but this is not necessarily the right strategy. Try and keep things in perspective. Yes, the market is in freefall, but it will pick up again if you hold your nerve. Selling now could cost you dearly and may not be the right strategy.

So true many curse forex for scamming them of their money because of this, they see their balance in their portfolio close to none existing and then they sell, out of fear and anger, enabling the ultimate loss.

 

[Senator]

You should be very careful rontrafe the forex market as a beginner. You should not be worrying yourself about meeting the volatile periods of the forex market when you've not actually mastered the art of trading properly

 

[Dagm1]

The very best method to utilize the Volatility on forex is actually to opt for a discovered program to understand ways to check out technological sustain as well as evaluation graph. Afterward you have to understand when to purchase your coin at a reduced cost as well as offer your coin at an greater cost, using this it will certainly be actually extremely simple for you to create cash along with forex Volatility

 

[Sotherefore]

That is actually the real fact,because for you to be trading in the cryptocurency market with lots of volatility ,you need to have a tough heart,without that any fluctuations will just unsettle someone.

Sometimes this may not actually be possible for you to have a tough heart especially if you are risking more than what you can afford to lose, the only rule I follow in cryptocurrency trading is only to invest what I can afford to lose.

 

[Senator]

To take advantage of the volatility of the forex market, you need to make sure that you are able to read chats very properly and also accurately too. If you are finding that difficult to do now, get some tutorial

 

[tyrim88]

Sometimes this may not actually be possible for you to have a tough heart especially if you are risking more than what you can afford to lose, the only rule I follow in cryptocurrency trading is only to invest what I can afford to lose.

Well that is a good cushioning effect,but even at that if one says he is only using his spare money,his mind is still in the business,because his time is also spent along the process.

 

[Sotherefore]

Well that is a good cushioning effect,but even at that if one says he is only using his spare money,his mind is still in the business,because his time is also spent along the process.

Yes that is the reason a lot of cryptocurrency expert advice that you should only use the money you can afford to lose because this will make your mind to be relax and you may not be thinking or be looking at your crypto of forex wallet all the time.

 

[tyrim88]

Yes that is the reason a lot of cryptocurrency expert advice that you should only use the money you can afford to lose because this will make your mind to be relax and you may not be thinking or be looking at your crypto of forex wallet all the time.

that is exactly the first thing you will be told in the cryptocurency trading market,because it is a very volatile trade and it has a lot of fluctuations in the market trend.

 

[Shigobad2020]

Volatile markets are often a cue for traders to play it safe, but you can make good returns if you have a stomach for risk and are willing to accept that you may lose your capital in pursuit of higher gains.
So if you want to make use of volatility in forex market you will need to be an expert so as not to run into massive loss, you will analyse the market and wait for volatility to set in and then you enter market with your take profit and stop loss.

The volatility of forex exchange market or crypto currency is meant to out us in check and also warn us to be careful of excessive risk whenever we are trading forex or crypto currency.

 

[kayode10]

You need to be able to become a sophisticated investors before you can make use of price fluctuation to your own advantage in the current market.