How do you handle market uncertainty

[Oscar_0]

The market is so uncertain sometimes like lately during bad economic news release. I mean it can send the most popular pair like euro/usd really low and you can lose lots of money or have total wipe out if you didn't use stop loss and its so uncertain that you will be so wrong in your prediction. You can choose not to trade or adjust your trades as to prevent losses or that is what I do. So how do you go about handling uncertainty in forex?

 

[newtrader101]

You cant predict. Just follow.

 

[stoch]

Using lot size and leverage. These are two primary tools for managing risk when I trade with HFM

 

[billi]

New traders being unaware of the market conditions should keep the leverage low in start since the higher leverage can claim higher damages as well.