#MyTradingStyle
My Trading Style is highly adaptive, primarily focusing on swing trading with a strong emphasis on technical analysis. I'm not a day trader; I prefer to capture larger moves over several days or weeks, allowing trends to fully develop. My entry points are typically identified through candlestick patterns confirming reversals or breakouts, coupled with volume analysis for validation. I heavily rely on indicators like the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) to gauge momentum and potential overbought/oversold conditions.
Risk management is paramount. I always pre-define my stop-loss levels and target profits before entering a trade, adhering strictly to a 1:2 or 1:3 risk-reward ratio. I also diversify across different asset classes – a mix of equities, cryptocurrencies, and sometimes commodities – to mitigate overall portfolio risk. Patience is a key virtue in my approach; I wait for high-probability setups rather than forcing trades, and I'm not afraid to sit on the sidelines when the market lacks clear direction. Continuous learning and journaling my trades are integral to refining my strategy and adapting to evolving market conditions.
