How To Trade A Choppy Market

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How can traders trade a choppy market successfully? Choppy markets occur with regularity, and traders never know if the market will be choppy or if the day will progress in a smooth trend from bottom to top, or top to bottom. In other words, traders never know how the market will move. Trending days are easier to "read" because the price action will reveal likely tradeable setups. Not so with choppy markets.
Day trading is a combination of knowledge, experience, effort, observation, patience, (and a bit of luck doesn't hurt) combined with intuition, skill, and a sense of timing. In a choppy market, prices don't give traders well-defined setups on which to base trades. Impatient traders may jump in impulsively only to find their trade quickly at a loss. Patient traders may decide not to trade in a choppy market, awaiting better opportunities on another day. (What's that saying?: he who fights and runs away lives to fight another day" - yeah, that's it.
But trading a choppy market is doable, and if you do it carefully and look for a sign of impending market direction, you can find profitable trades in choppy markets.
Here's one particular tip on how to trade a choppy market that I've found useful over time. Disclaimer: Futures trading involves substantial risk and is not appropriate for everyone.
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Excelente review 👍 thanks for taking the time to share your knoeledge. Keep succeding 🚀♦️🙋🥳

raulcontreras
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When you say previous days close is that the close at 4pm or 8pm? Thanks

blackcurrantpop
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By using one indicator is unlikely to be profitable in a long run

BrigataUPG