#Trading
A simple trading strategy involves identifying market trends and acting accordingly. First, analyze price charts to spot uptrends or downtrends using tools like moving averages or RSI. Buy when the price shows strength in an uptrend and sell or short during a downtrend. Always set stop-loss orders to limit potential losses and take-profit targets to secure gains. Manage your risk by never risking more than a small percentage of your capital on one trade. Consistency, patience, and discipline are key. Regularly review your trades to learn and improve over time.
