Managing Trades in a Volatile Market / Bitcoin

Published: Dec. 7, 2021, 6:03 p.m.

b"Stops are important when trading a volatile, leveraged product like bitcoin (/BTC), as is scaling back your size, says Michael Zarembski of Charles Schwab. There's nothing wrong with scaling back or closing a position out at the end of the trading week if risk averse on a volatile product such as bitcoin. He weighs in on the Omicron COVID variant on the markets."