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The Trade Busters
135 - I Survived Volmageddon 2.0
Aug 15, 2024
Explore the intense market turbulence caused by Volmageddon 2.0 and how to navigate such chaos. Gain insights into effective risk management strategies, comparing hedging to home insurance. Discover unique trading techniques like the 'bomb shelter' strategy to minimize losses. The discussion also highlights the significance of stop losses for controlled exits and adaptable decision-making during volatile times. Overall, it's a valuable guide to mastering trades and building resilience in unpredictable markets.
47:11
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Quick takeaways
- The podcast emphasizes the essential role of hedging strategies, like the 'bomb shelter', which can mitigate losses during extreme market volatility.
- Liquidity challenges during the volatility crisis highlighted the critical need for traders to adapt to shifting risks and position closures.
Deep dives
Market Volatility and Drop Insights
The discussion highlights a significant volatility event in the market, particularly a 4% gap down on August 5th, which led to a peak decline of about 8.4% from the July high. Speculations arose regarding the causes of this drop, with some attributing it to technical issues or liquidation events. The VIX spiked dramatically during this period, reaching levels around 67 pre-market, indicating extreme market fear and uncertainty. During this volatile environment, trading strategies were challenged, revealing the unpredictability of market movements in such rapid declines.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode