Do you want to know how to choose and develop your trading strategy in a simple way? First of all, there are a lot of them.
My name is Ben. I am an independent trader and stock market trainer for individuals. With my 20 years of experience, I can share my expertise with you to help you break through and succeed in trading.
I am going to share with you here some advice to personalize your trading strategy while remaining in line with my methods. For this, we will see how to define it as a whole.
Then, we will see what are the best trading strategies, supported by a few examples. Next, I’ll show you how to build a trading plan.
And finally, we will find out how to develop your own risk-free trading strategy.
Define your trading strategy globally.?
In any transaction of buying and selling financial assets, individuals always have a high risk of losing their money. Hence the importance of first and foremost mastering the different trading strategies.
This is not to scare you or even less to deter you. Rather, it is to ensure that you understand what you are getting into.
Feel free to read my simple and effective trading method page . You can learn how to define the right approach according to your objectives.
However, before going into the details of each trading strategy, it is important to ask yourself some general questions.
Such a prerequisite will allow everyone to build their course of action throughout their trading career. By respecting this, the risks that individuals lose money are reduced considerably.
However, be aware that there is no ready-made answer here, because your trading strategy must be built.
It can be difficult to answer all of these questions one by one. To build a good trading strategy (short-term and long-term), they must therefore be seen as a whole. Let’s find out these questions without further delay.
Which market to target?
There are many markets, ranging from cryptocurrency to the currency market (Forex). There is also the French stock or bond market.
As you will have understood, there are therefore a multitude of them. And it is according to your choice that you will define your trading strategy.
Here we will focus only on stocks.
There is very often a notion of manager behind them. He is responsible for collecting funds from several people to buy and resell several other products.
Derivative or exotic products are also offers resulting from the combination of the other products above. They can therefore be simple, collective or derived.
These products are very often difficult to identify. It even happens that no one has the faintest idea of what’s inside.
Derivatives are complex instruments and present a high risk of loss for the uninitiated. You must make sure you have a good command of them before selecting them.
Sometimes even experienced people lose money when choosing these products.