How to Manage Technical Glitches in Trading
In this episode, Market Mamas address the recent disruption with Rithmic order and platform communication issues. The mamas share their real experiences having traded through these challenging times and how it's affected performance and prop firm trading accounts. Becky and Kendra also discuss other technical errors that can randomly occur and how to best navigate and prevent them. Day trading is challenging enough when everything goes smoothly! But it can flip to frustrating and dangerous for your accounts quickly when things start to go wrong.
Futures Traders: Do you trade the news?
Market Mamas pointed discussion where Kendra and Becky talk trading news and volatility in the markets. Here we give a brief introduction to some important must-know tips to prepare, protect, and even take advantage of the wild moves that can occur on big news days. Learn about the ForexFactory.com news calendar, major Federal Reserve FOMC statements, and how the federal funds rate impacts trading the stock market. Becky gives a real example on the charts of what can be expected in these very volatile moves. Kendra touches on pre-market news derived opportunities and using the CBOE Volatility Index (VIX) to understand how to gauge market sentiment.