Risk management for today
Avoid high leverage: Intraday volatility causes violent fluctuations in both directions that can liquidate positions quickly.
Watch liquidity in support zones: Instead of trying to guess the market bottom during a drop, it’s usually more prudent to wait for the price to form a sideways consolidation range that confirms the decrease in selling pressure. #WallStreetEarningsRevisionsTurnBearish $
Avoid high leverage: Intraday volatility causes violent fluctuations in both directions that can liquidate positions quickly.
Watch liquidity in support zones: Instead of trying to guess the market bottom during a drop, it’s usually more prudent to wait for the price to form a sideways consolidation range that confirms the decrease in selling pressure. #WallStreetEarningsRevisionsTurnBearish $
