A few tips on volatile markets:
- Trade less.
- Size small.
- Avoid leverage.
- Respect the trend.
- Cash is your friend.
- Don't fall for FOMO.
- Always respect risk.
- Patience is everything.
- When in doubt, stay out.
- Only add to your winners.
- Build positions gradually.
- Protect your (mental) capital.
- Never add to losing positions.
- Small losses are the best losses.
- Don't try to time the market bottom.
And remember: There will always be another opportunity. You just need to be patient enough.