346: How To Trade Volatile Markets Like A Pro - Ukraine War & More!
Desire To Trade Podcast | Forex Trading & Interviews with Highly Successful Traders
English - April 18, 2022 08:00 - 1 hour - 120 MB - ★★★★★ - 56 ratingsInvesting Business Education desiretotrade forex futures investing learntotrade motivation stockmarket stocktrading trading Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
How To Trade Volatile Markets Like A Pro - Ukraine War & More!
In episode 346 of the Desire To Trade Podcast, I am joined by Michael Toma to discuss how to trade markets like a pro when volatility is high. You'll get to see our thought process for entering trades in the Forex market when price moves quickly to start to get choppy & unpredictable.
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Topics Covered In This Episode 0:15 Introduction 0:55 Should you stay out of Volatile Markets? 2:38 How to determine what market you should trade 3:57 Should you pay attention to the news when trading? 5:50 What type of strategies work better for volatile markets 7:23 What is Michael Toma's preferred trading strategy 12:20 Should you close trades early in a Prop Firm evaluation? 15:07 Should you take prop firm evaluations to learn to trade? 18:03 How can you actually have great risk management as a traderCommunity questions:
23:17 Q: Does Michael trade only Long or Short in volatile markets? 27:43 Q: Does Michael Toma Offer training? 30:16 Q: How do you remain objective while trading? What is your routine to maintain the mindset? and how much is mindset important for you after method and risk management? 34:29 Q: Out of interest's sake. Can you share your average win rate and reward to risk ratio? Its interesting know-how pros compare to me the average trader. 38:33 Q: Do you do position trading? What is your take on it? 40:07 Q: Do you use the 1min T.F combined with 5m & 15m or do you use Higher T.F's? 45:17 Q: You guys are living from trading... but I have fear what will gonna happen if this trading will not work out the same as now.. how to overcome that fear? 52:32 Q: What's your opinion on using futures as an indicator for trading individual stocks? 53:55 Q: What is the most important thing I need to know before getting into Trading as a career? 57:24 Q: Hi Ettien, my question is regarding Bollinger Bands reversal strategy. The markets are trending a lot currently. Have you been finding it hard to find trade opportunities? (Screenshare) 1:00:00 Q: I have been trading for about a year and a half now but I still struggle with consistency what can I do to improve my trading? 1:03:19 Where to find Michael Toma and much moreWhat is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group!
Desire To Trade's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: Pepperstone (special signup offer) AxiTrader (use our link to get a special bonus) EightCap (preferred Crypto and FX Broker) Desire To TRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes How To Find Michael Toma? MichaelToma.org email: [email protected]/ Join our Ultimate Prop Firm Trading programWhat is one thing you are going to implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!