One of the most important aspects of trading is managing the risk on your positions. If the market doesn’t go anywhere when you are in a position, you cannot gain from it. So depending on volatility, you really have no control over your gains. You can, however, manage your losses to some degree with good risk management techniques.
Industry professionals always talk about how they buy into strength. While this may be great in a bull market, it is a recipe for disaster in today’s uncertain markets. Instead, simply do the opposite of what you feel when entering a trade. So buy when the markets are falling and sell when it is rising. This principle, while simple in theory, is really hard to execute and even harder to master. Please note