What to Do if Price Spikes Unexpectedly in YOUR Favour!? ☝⚡

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How to Take Advantage of Volatility Spikes. What are spikes in trading? What causes sudden spikes in stocks? OK.

What should we do if we are in a trade and the price spikes up unexpectedly in our favour? The key thing here is to have a plan. Irrespective of what you do the real strength is to know what to do under different circumstances and that's why you need a plan of action.

1) Scale out half the position
2) Move a stop to 50% of the move.
3) Add a trailing stop
4) Exit all
5) Add more

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