FIVE RULES OF HEALTHY RISK MANAGEMENT UNDER UNHEALTHY CONDITIONS[/FONT]
Under the current conditions when the world is still under the sway of the contagious disease, all financial markets, including the currency one, experience extreme volatility that can either bring hefty profits or result in dramatic losses. This situation is unique indeed as traders will have to deal with the aftermath of this outbreak for the next 16 to 20 months. According to some estimates, during this period markets will remain under pressure due to the downwardly revised economic indicators for both developed countries and emerging markets. In other words, new approaches to risk management, money management, and risk hedging will be relevant for long, perhaps even forever.
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