#TradingStrategyMistakes
Key elements of a trading strategy:
Analysis:
Techniques to evaluate the market and predict price movements, such as technical analysis (indicators, patterns) or fundamental analysis (economic factors, news).
Entry and exit points:
Define when to buy and sell, using criteria based on analysis and risk management.
Position size:
Determine how much capital is at risk in each trade.
Risk management:
Set loss limits (stop-loss) and profit limits (take-profit) to protect capital.
Time horizon:
Decide whether to trade short, medium, or long term (intraday, swing trading, position trading)
Patience and technical analysis are steps that we must respect in order to carry out trades with a higher percentage of success.