Keeping cool is very necessary, I think many traders fall into the emotional trap once they encounter loss with their trades, and i agree with @Katyannaria , a person should trade when they feel they are confident and positive.
And who prevents you from not trading during this time of important news releases and thus protect yourself from possible unpredictable and crazy price movements on the news? After all, success in forex does not consist in being constantly in the market and trying to trade on any of its conditions. Success consists in being able to wait and choose the right time and suitable conditions for safer market entries, when there are no such uncontrolled movements. Therefore, I do not trade at this time.
Making sound trading decisions requires a calm and refreshed mindset. Market volatility, especially during news events, can create chaotic conditions. The true challenge lies in managing emotions and staying composed in such situations. By maintaining your focus and adapting to rapid changes, you can navigate these challenges and achieve lasting success.
You're absolutely right! Staying calm and focused during volatile market conditions is key to making sound decisions. It's crucial to avoid reacting impulsively to news-driven price movements. By sticking to your strategy, managing risk, and maintaining emotional control, you can navigate these challenges and ultimately achieve consistent success in trading.