#MyTradingStyle
Developing a Trading Strategy
There are many types of trading strategies, but they are based largely on either technicals or fundamentals. The common thread is that both rely on quantifiable information that can be backtested for accuracy. Technical trading strategies rely on technical indicators to generate trading signals. Technical traders believe all information about a given security is contained in its price and that it moves in trends.
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For example, a simple trading strategy may be a moving average crossover whereby a short-term moving average crosses above or below a long-term moving average
In finance, a trading strategy is a fixed plan that is designed to achieve a profitable return by going long or short in markets. The difference between short trading and long-term investing is in the opposite approach and principles
Me ? Make money at all costs 🤣🤣🤣🤣