My Trading Operations Breakdown:
1. Research & Analysis
I start by scanning the market using both fundamental analysis (news, project updates, regulations) and technical analysis (charts, indicators, patterns). This helps me decide which assets to focus on.
2. Choosing the Trading Style
Depending on market conditions and goals, I pick a style:
Day trading for quick moves
Swing trading to catch medium-term trends
Position trading for long-term holds
3. Setting Up Orders
I use different order types based on strategy:
Market orders for instant execution
Limit orders to buy/sell at specific prices
Stop-loss orders to protect capital if things go south
4. Risk Management
I never risk more than a small % of my portfolio on a single trade. I also use stop-losses and position sizing to minimize losses and protect gains.
5. Monitoring Trades
I keep an eye on open trades, ready to adjust or exit based on market moves or new info.
6. Review & Learn
After trades close, I review what went well and what didnโt, so I can improve.