Risk Tolerance: Knowing Your Limitations and Working Around Them Winning traders know how to tolerate risk. Trading outcomes are far from definite, but they don't mind. They have no problem putting on trade after trade and doing so with grace and nonchalance. However, not everyone can live up to this standard. Many novice traders have trouble taking a risk, even a small one. They either avoid exec...
Trading Educators Blog
Today we had the long awaited ECB press conference and Draghi did his thing by surprising traders with their decisions. This is what happened so far (13:00 NY Time) and as you can see the volatility hasn't been that high for weeks with EUR/USD moving 400 pips intraday. So what to do on such a day where you can expect higher volatility than usual? Take trades or not? For me it's a no-...