Volatility is Not Your Friend

Hear from Chris Tate on how to trade volatility in the markets.In this episode of Talking Trading hear Chris Tate define volatility and why it brings difficulty to traders in the markets. Chris discusses Options and why traders should have volatility valves on their trading plans. Louise Bedford looks at how to stave off depression in Mindpower with a series of questions to ask yourself at the end of each day to live your ideal life. Volatility is not your friendWhat is volatility?Many people confuse it with trend, but it has no direction.It is the speed and magnitude of price movement.Volatility brings noise into the market and trader’s should look for low volatility with the capacity for trend.Options trading is a specialized area because it depends on correct volatility assumptions and having the capacity to map volatility. Chris explains the tactic to make money in Options and why volatility is a lot more complex than people think.So should traders stay and play or should they run in highly volatile markets?Hear what Chris Tate says. Stave off depression!Trading is such a solitary sport that sometimes you have to stave off theBugbear of depression. Louise gives you some tips you can practice each day.Get into your own body and experience the mindfulness of being in touch with your senses ask yourself “What did I see and hear today?”Have gratitude and think about the things you have achieved through the day.Ask yourself if you have stepped one step closer to living your ideal life?If you move one incremental step to living your ideal life then you will feel fantastic.Seek support and find trading buddies. Continual positive input is what you need to get you out of you.Entire communities can change because one person puts their foot down and says they can move forward.Louise wants you to be that person. Tell a friend about us!I’ll bet you know someone who would love the Talking Trading show. Show a friend how to register on www.talkingtrading.com.au or on your favourite podcast app, so that they can share in your passion for the markets. Louise Bedford is a best-selling author of six sharemarket books, host of the Talking Trading podcast, and founder of TradingGame.com.au, one of Australia’s leading trading education communities.For over 30 years she has helped traders master trading the Australian sharemarket, technical analysis, and trading psychology so they can build long-term financial independence.www.tradinggame.com.au www.talkingtrading.com.au.FacebookYouTube TwitterLinkedIn