What Is a Trading Strategy? Building One That Actually Works
A trading strategy is not a set of indicator settings. It is a written answer to
A trading strategy is not a set of indicator settings. It is a written answer to
Scalping is the most popular choice among new traders and the least suitable for them. Not
Intraday trading keeps most of what attracts people to scalping — active participation, same-day results, no
Swing trading requires around twenty minutes a day and works for people with full-time jobs. It
Price action means reading the chart itself rather than a calculation derived from it. It is
Breakout trading has a low win rate and can still be highly profitable. That combination confuses
Trend following is the most forgiving approach available to a retail trader. It does not require
Markets spend most of their time going nowhere. Estimates vary, but somewhere between 60% and 80%
News trading is the only style where a retail trader competes directly against institutions with faster
Gold is the instrument most likely to damage an account that treats it like a currency