Question about managing risk around Asian market open/close volatility
Hey everyone, still pretty new to trading Asian equities, mostly focusing on the Nikkei and Hang Seng. I've noticed a distinct pattern of increased volatility right around the market open and close, more so than what I'm used to seeing in US sessions. I've been caught a few times by quick moves that blow past my initial stops before I can even react, even with what I thought were decent buffers. I'm wondering if more experienced traders here adjust their position sizing or stop-loss placement specifically for these periods? Or is it more about avoiding those windows entirely if you're not equipped for the speed? Any insights on managing this particular characteristic would be really helpful.
I've observed the same. Have you tried adjusting your strategy to only trade during the middle of the session, or does that compromise your setups too much?