CPI, testimony, oil headlines, and earnings in one week. A circuit breaker for discretionary CFD and FX books.
Define the week’s risk budget first
Before Monday, set a maximum weekly account loss and a maximum number of discretionary event trades. Packed weeks invite “just one more” tickets that correlate into one bet.
One theme at a time
USD hike-odds, oil geopolitics, and equity earnings can look like three ideas and behave like one risk-on/off factor. Cap total exposure to a single theme.
After a stop, pause harder
Event weeks amplify revenge trading. Use a longer pause (30–60 minutes) after a discretionary stop, and forbid size increases the same day.
Permission to be flat
If spreads are chaotic or you slept poorly, flat is the position. Liquidity will still exist after Warsh finishes speaking.