1 Psychological Attitude and Risk Management

Patience and Discipline: These are the key words. Sideways markets are often frustrating and lead to boredom, prompting impulsive trades. Resist the urge to over-trade.

Reduced Aggressiveness: If you are used to taking big risks in trending markets, reduce the size of your positions. Movements are smaller and false breakouts are frequent.

Honest Recognition: Accept that the market is in a phase of "consolidation" or "indecision". Your trend strategies will be less effective.