How often should traders check their open positions during volatile market conditions?

Frequent checking of open positions during volatile market conditions is essential for effective risk management and strategic adjustments. Volatility can lead to rapid price movements, affecting the value of open trades significantly within short periods. By monitoring positions closely, traders can respond quickly to unexpected changes in the market, either by closing positions to cut losses or by taking profits from favorable movements.

Additionally, frequent checks allow traders to assess whether their strategies remain relevant given the market's shifting dynamics. It enables them to implement protective measures, such as stop-loss orders, to safeguard their investments. Therefore, maintaining a vigilant approach by frequently reviewing positions is critical during times of high volatility for optimal management of investments.