A short term trader needs to be consistent

As the stay-at-home brings challenges to many, to us traders, it has made the routine more stable and more rewarding.

Few investment vehicles are profitable right now. Even the longer-term trader will struggle with market volatility.

For the savvy intraday trader, it is steady as she goes.

What, if anything, has changed for the short-term trader?

Other than market size, nothing. What is so very important is not to risk any more on any one trade that a trader would do otherwise.

The average price movement in the forex market is several times larger today to what it was a few months ago.

A time of great opportunity one might think. But actually, it’s not. For us, it is business as usual. The same number of trades (as the market cycle is more significant, but its structure never changes) and the same reward as profit potential balances with risk and probability.

Our edge is being able to read the market context with a high degree of directional probability, ascertain the market value and find reasonable market setups.

After that, it is a matter of an appropriate entry (we can enter both ways in the market—long or short), and we manage that trade until the market value goes to the opposite end of the reason for why we entered in the first place.

And do that consistently day after day.