Volatility Shield?

here's how to protect yourself in a choppy market.                                                                                                                                                                                                                                                                                                                                                                                                                 August 12, 2024 | [Read Online]( [fb]( [fb]( [fb]( [fb](mailto:?subject=Post%20from%20Don%27s%20Trading%20Desk&body=Volatility%20Shield%3F%3A%20here%27s%20how%20to%20protect%20yourself%20in%20a%20choppy%20market.%20%0A%0Ahttps%3A%2F%2Fdon-kaufman.beehiiv.com%2Fp%2Fvolatility-shield) Don Kaufman here. Make no mistake about it… Position sizing and patience are going to be your best friends in this crazy market. First off, let's state the obvious: we're stuck in what I like to call a "volatility paradigm." The S&P 500 is slopping around on extremely low trading volume, but don't let that fool you. We're hovering around the critical 5360ish level, and it's holding... for now. But here's the kicker… Volatility is holding up too. What does that tell us? We're definitely not past the risks, people. Not by a long shot. Now, I know what you're thinking. "Don, what about the CPI data coming up?" Well, let me tell you, it holds tremendous weight. But it's not just CPI we need to watch. The markets are skittish around any economic data right now. And let's not forget about the AI trade - that's still stirring the pot. So, what's a trader to do in times like these? Two words: position sizing and patience. 🌟 The Golden Setup 🌟 Discover the revolutionary trading strategy that could potentially earn you $620 per day or more! Tony Rago's "Golden Setup" is a simple, foolproof one-click trade that focuses on: - ✅ ONE TICKER: The NASDAQ (NQ) - ✅ ONE NUMBER: The Golden 26 - ✅ ONE SETUP: The Golden Setup With over 500 beta-testers confirming its success, this strategy offers: - 💰 15 Golden Setups per week - 💰 Potential for $9,300 in consistent weekly income - 💰 No need for complex stock analysis - 💰 Works in any market condition Don't miss this opportunity to transform your financial future with The Golden Setup! [Learn The Golden Setup Now! 🚀]( Let's talk position sizing first. In this kind of market, you've got to be smart about how much you're putting on the line. Going all-in on a trade right now? That's like trying to catch a falling knife while juggling chainsaws. Not a great idea, folks. Instead, think about scaling into positions. Take smaller bites. If you're usually trading 10 contracts, maybe start with 3 or 5. This way, if the market decides to take one of its wild swings, you're not going to get your head taken off. [That’s why strategies like the In/Out are so important in a market like this one.]( Now, onto patience. I know it's tempting to jump in and try to catch every move. But trust me, sometimes the best trade is no trade at all. We're in a holding pattern right now, and rushing in could cost you big time. Look, I'm telling you right now - hang tight and look for us to head lower in the near term. There are just too many unknowns for upside progression to reignite. And don't forget about geopolitical tensions - they're going to come into play too. But here's the thing: being patient doesn't mean sitting on your hands doing nothing. [Use this time to study the market.]( Watch those levels. For the S&P 500, keep a close eye on that 5360 area. If we break below, things could get interesting real fast. Remember, folks, in markets like these, it's not about hitting home runs. It's about staying in the game. Position sizing keeps you from striking out on one bad pitch. Patience lets you wait for the right pitch to come along. The opportunities will come - they always do. But right now, we're stuck in this volatility paradigm, and rushing in is a quick way to get your account blown up. To your success, Don Kaufman [fb]( [tw]( [ig]( [yt]( Update your email preferences or unsubscribe [here]( © 2024 Don Kaufman - TheoTrade PO Box 24790 Christiansted, Virgin Islands 00824, Virgin Islands, U.S. [Terms of Service](