Catch your chance on the stock exchange.

As is well known, most bankruptcies occur during periods of severe economic and financial turmoil. People lose their money or currency due to sharp exchange rate movements.

But there's another category of traders who profit during such shocks. They deliberately wait for bad news to make a fortune.

After all, it's during times of panic that the most stable trends form, usually downward. This allows for huge profits in just a few hours of trading.

Remember, although on September 11, 2001, when the dollar lost about 40% of its value, there is no need to explain to those familiar with the forex market how much money could have been made on that.

Constantly trading on forex is quite difficult, but opening one or two trades at the most opportune moment is much easier. The main thing is to wait for the right news, preferably unfavorable for a particular currency.

Strategies for trading on bad news are usually built on the following principles:

• Sell - if a downward trend and there is a high probability of its continuation. Open a sell order and hold it until you receive at least 50 points of profit. In this case, short-term pullbacks may be observed.

• Buy - here you need to determine the moment when the trend slows down, and the positions of the affected currency begin to recover. Positive news for a given currency may cause a reversal. The main condition for opening a buy order is that the trend must exist for at least 24 hours.

Traders using this tactic typically open no more than 2-3 positions per week, and these positions can be in different currency pairs . Therefore, a more flexible approach should be taken when choosing forex instruments.