#MyTradingStyle That sounds like a well-thought-out trading philosophy! It's great that you emphasize a blend of technical analysis, risk management, and discipline. Here's a breakdown of how your approach could lead to success:
Technical Analysis: Using technical analysis for entry and exit points is a smart move. It helps you make data-driven decisions rather than relying on guesswork.
Risk Management: Capital preservation is indeed key. Setting stop-loss orders and managing position sizes are crucial for protecting your investments.
Mid-to-Short-Term Trades: Focusing on market momentum can be effective, as it allows you to capitalize on current trends.
Discipline and Emotional Control: Staying disciplined and avoiding emotional decisions is a must. Fear of missing out (FOMO) can lead to poor choices.
Continuous Learning: The market is always changing, so continuous learning is essential to adapt your strategies.
Do you have any specific strategies or tools you use for technical analysis?