#binancefuturetips (Risk management strategy for traders )
No Trading System
Think of a trading system, or strategy, as a roadmap. It reflects who you are as a trader, and what you want from your trading journey.
If you don’t have a trading system, you don’t have a strategy. You don’t have clear goals, objectives, or outcomes. Without a plan, you risk:
• Making careless trades
• Relying on someone else’s trading style to guide you
• Losing trades due to reactive moves