6 Day Traders Who Scaled the Heights of Success During Pandemic Market Chaos

5. Risk Management – David Thompson’s Method

David Thompson, a former risk analyst turned day trader, used his risk management expertise to thrive in the turbulent market. He placed strict stop-loss orders to limit potential losses and used leverage cautiously to avoid overexposure. His disciplined, cautious approach helped him weather the storm and come out ahead. Thompson’s story highlights the critical role risk management plays in day trading, especially during periods of high volatility.