5 steps to control Impulse Trading

Craig Cobb provides 5 tips to ensure you avoid impulse trading - especially when trading volatile market conditions.

With the mayhem in the markets this week, especially in global index markets, there was a temptation to join the selling as the possibility of massive gains was almost too strong to resist! Giving in to this temptation is however impulse trading, or in this case: impulse selling. I often hear people talking about trading like it is as simple as just sell and away you go, you will make a fortune. Often this is the misconception about a crashing market and I want to shed some light on this in today’s blog.

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