8 steps to build a trading strategy | Traders Improved (#167)

In this podcast, I go over the 8 steps and components that need to be defined in order to create a robust trading strategy.

 

The 8 strategy components are listed below:

 

Trading Strategy Component	Your pick
Strategy	Scalping, Day Trading, Swing Trading
Timeframe(s)	Choice and usage of HTF and LTF
Markets	Define markets suited for TF and Strategy
Entry	Entry rules and 10 perfect screenshots
Stop loss	ATR, BB, MA, high/low, SR,
Take profit	Fixed RRR, ATR, MA, HTF, SR
Trade management	Active vs passive
News, overnight, weekend	Define your approach

 

 

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Results may not be typical and may vary from person to person. There are inherent risks involved with investing and trading, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk.