The CME Group is making some changes to price limits in the equity index futures markets. In a move that we are assuming is a proactive measure to protect against an anticipated boost in volatility over the next few months, overnight price limits are being extended and a new “dynamic circuit breaker” is being put into place.
As always, the Topstep coaches are here to give you their best takes on the reasoning and benefits behind these changes, and also share some advice on best trading practices if we do start to see an increase in volatility.
Here’s What Our Coach’s Have To Say
Trader Shout Outs
Today we would like to give a special shout out to Funded Trader Jaclyn P., who is caught all the right moves and added more than $1,900 to her Funded Account balance. Great job, Jacqueline! Keep stacking up those winning days, and like we said in last week's Coach's Playbook, don't forget to reward yourself with a nice withdrawal!
Volatility is Opportunity
This isn't the first time we've talked about the risks and rewards of increased volatility, and it definitely won't be the last. So when the big swings start coming, do your best to keep the math on your side, and save some powder for tomorrow, there's always another trade.