Episode Details

How To Trade Volatile Markets Like A Pro - Ukraine War & More!

In episode 346 of the Desire To Trade Podcast, I am joined by Michael Toma to discuss how to trade markets like a pro when volatility is high. You'll get to see our thought process for entering trades in the Forex market when price moves quickly to start to get choppy & unpredictable.

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Topics Covered In This Episode

• 0:15 Introduction
• 0:55 Should you stay out of Volatile Markets?
• 2:38 How to determine what market you should trade
• 3:57 Should you pay attention to the news when trading?
• 5:50 What type of strategies work better for volatile markets
• 7:23 What is Michael Toma's preferred trading strategy
• 12:20 Should you close trades early in a Prop Firm evaluation?
• 15:07 Should you take prop firm evaluations to learn to trade?
• 18:03 How can you actually have great risk management as a trader

Community questions:

• 23:17 Q: Does Michael trade only Long or Short in volatile markets?
• 27:43 Q: Does Michael Toma Offer training?
• 30:16 Q: How do you remain objective while trading? What is your routine to maintain the mindset? and how much is mindset important for you after method and risk management?
• 34:29 Q: Out of interest's sake. Can you share your average win rate and reward to risk ratio? Its interesting know-how pros compare to me the average trader.
• 38:33 Q: Do you do position trading? What is your take on it?
• 40:07 Q: Do you use the 1min T.F combined with 5m & 15m or do you use Higher T.F's?
• 45:17 Q: You guys are living from trading... but I have fear what will gonna happen if this trading will not work out the same as now.. how to overcome that fear?
• 52:32 Q: What's your opinion on using futures as an indicator for trading individual stocks?
• 53:55 Q: What is the most important thing I need to know before getting into Trading as a career?
• 57:24 Q: Hi Ettien, my question is regarding Bollinger Bands reversal strategy. The markets are trending a lot currently. Have you been finding it hard to find trade opportunities? (Screenshare)
• 1:00:00 Q: I have been trading for about a year and a half now but I still struggle with consistency what can I do to improve my trading?
• 1:03:19 Where to find Michael Toma
• and much more

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