#MyStrategyEvolution A cryptocurrency trading strategy is a plan for buying and selling cryptocurrencies that minimizes risk while improving the chances of making a profit. A well-defined trading strategy will minimize trading risk and provide trading responses to different market situations. A comprehensive trading strategy may include:
· The assets you trade
· The tools, indicators, and signal resources used
· A trading schedule
· Entry and exit plans, including stop-loss orders to limit losses
· Ways to measure portfolio performance
With assets, trade configurations, indicators, entry and exit patterns, and other trading guidelines pre-determined, you can create a comprehensive plan.