Surviving the Crazy Market: Two Tricks That Saved My TradingI've had those moments where watching my trades feels like being on a wild roller coaster, my stomach all twisty with excitement and fear. Here's my story and two tricks that have helped me when the market goes nuts:
Trick 1: My Chill-Out Break
There was this one time when the market just fell like a rock right after I made a trade. My heart was racing, and my first thought was to sell everything before I lost more money. But instead, I did something different. I set a timer for 15 minutes, went outside, and just watched the sky. When I came back, I wasn't panicking anymore. The market had calmed down a bit too. With a clear head, I looked at my trade again, adjusted my stop-loss, and held on until it got better.
What I Did: I took a break from my computer.
How I Felt: I went from super scared to pretty relaxed.
What Happened: I made better choices and didn't lose as much money.
Trick 2: My Crazy Meter
I used to dive into trading without thinking about how wild the market was. After this one day when I lost a lot because I was trading like crazy, I made up something I call my "Crazy Meter." Before I trade, I check if the market's calm or wild, giving it a number from 1 to 10. If it's really wild, over a 7, I only use a tiny bit of my money and make sure I can stop the trade if things go too bad.
What I Did: I check how wild the market is before I trade.
How I Felt: I felt prepared, not scared of what the market might do.
What Happened: I didn't lose a lot, and sometimes I even made money when others were freaking out.
Have you ever had your trades go all over the place and felt just as scared as I did? These tricks might help you too! If you want to learn more about handling when the market goes nuts, come to my webinar this Sunday.
Kris/Mindbloome Exchange
Trade What You See
