News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
Subscribe
Please try again
GBP/USD
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
More View more
Real Time News
  • The Consumer Price Index, better known by the acronym CPI, is an important economic indicator released on a regular basis by major economies to give a timely glimpse into current growth and inflation levels. Learn how to better understand CPI here: https://t.co/nAa0fHHGbZ https://t.co/nAoZXAZFuD
  • *Reminder: Weekly Strategy Webinar tomorrow morning at 8:30am EST on DailyFX! https://t.co/lxd5fZnn4H
  • Bitcoin ended a 10 consecutive day advance with yesterday's bearish close - breaking pace only after it overtook the 100-day moving average. That 10-day climb matches the longest bull charge with only two other examples. $BTCUSD https://t.co/G5UdX96mn9
  • Recessions can devastate the economy and disrupt the fortunes of individuals, businesses, and investors. But economic decline in the business cycle is inevitable, and your trading can be defined by how you respond to crisis. learn how to prepare here: https://t.co/e4CnobJCss https://t.co/9t94CbyQEi
  • The ISM manufacturing index plays an important role in forex trading, with ISM data influencing currency prices globally. Find out about the recent history of ISM data, how to track it, and how to trade its release here: https://t.co/MZtBh88nOv https://t.co/LB749nN0K4
  • The continuity seen across these volatility cycles is a good thing. Historical precedence offer a blueprint for identifying conditions supportive for a vol-event to occur, and how they may unfold. Deepen your knowledge of historical volatility here: https://t.co/vg7w10la3j https://t.co/7JZu61F0OW
  • Tech stocks pulled back from record territory after Amazon posted tepid Q3 guidance. Get your weekly equities forecast from @margaretyjy here: https://t.co/kpYlD2ryue https://t.co/pXDztqY8PQ
  • Many people are attracted to forex trading due to the amount of leverage that brokers provide. Leverage allows traders to gain more exposure in financial markets than what they are required to pay for. Learn about FX leverage here: https://t.co/BdgFmkRxVw https://t.co/LQS1xMPSVc
  • When it comes to buying and selling forex, traders have unique styles and approaches. Learn about buying and selling forex here: https://t.co/D8DXSAdpqC https://t.co/WmRkOUGwlq
  • Recent price action in the US Dollar Index (DXY) casts a bearish outlook for the Greenback as it extends the series of lower highs and lows from earlier this week. Get your weekly USD technical forecast from @DavidJSong here: https://t.co/aQVzoACWEp https://t.co/TBFiTrur0P
Day Trading Equities in Volatile Markets | Podcast

Day Trading Equities in Volatile Markets | Podcast

Ben Lobel, Martin Essex, MSTA,

Talking points on this podcast:

  • Stock market strategy
  • Methods for trading highly volatile markets
  • Working from home as a trader during coronavirus

This time on Trading Global Markets Decoded, our host Martin Essex is joined by Nishant Porbanderwalla, a day trader in equities at Kershner Trading Group in Austin, Texas, where he has worked for 14 years.

In this episode we cover equities strategy, and in particular methods for day trading stocks in volatile markets.

Day trading is not appropriate for everyone and represents significant risk. When trading on leverage, it is possible to lose more than your initial investment.

You can listen to this podcast by clicking on the YouTube link above or by using one of the alternative platforms listed below.

Stock market strategy

The podcast begins with Nishant’s stock trading strategy. How would he sum it up? “It depends on the market but traditionally, over a period of 14 years, I’ve been trading reversals.

“But the market’s been going crazy since the bottom in March, so I’ve been trading momentum a bit, looking for blow-off tops and bottoms.”

He emphasizes the variety in his approach. “If the market keeps changing every six months your strategy has to keep changing slightly…because the market before coronavirus was different and during it was different, now…it is different [again].

“You have to be adaptable to different changes in the market. That’s the biggest key for longevity in this business.”

Trading volatile markets

Nishant says that his strategy is a better fit for a volatile market. “For me, this has been probably the best year ever. I thrive on volatility being high,” he adds.

When Nishant started in 2006, the ‘big moment’ was 2008’s financial crisis. “There was such fear and volatility, that I’ve never seen – even today,” he says. “The coronavirus hasn’t come close to those days. There were days where people thought the world was coming to an end.”

At the time futures were ‘going crazy’, the fate of the US was in the hands of Congress, big institutions were going bankrupt. “It was a different kind of fear. I learnt a lot from that time, then comes the flash crashes that happened in 2015. You learn from these crazy moves, [in order to know] how to manage something like this pandemic.”

During the current volatility, Nishant has been looking to catch quick drops and then sell. “I’m not holding it for the rest of the day, I’m trying to make 30-40 points very quickly.

“You keep playing the trend, and sometimes if the drop is too big you start holding those drops and you play those differently.”

Further reading:

For more ways of listening to the DailyFX podcast, click on one of the additional channels below.

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES