No market is the same, and restrict the scope of these can help traders understand the essential details of specific markets. Less-experienced traders need to limit the number of markets in which they wish to trade. The other is that having a well-planned strategy is a trader’s way of protecting himself against financial chaos and loss. One of them is that this behavior in itself is a trading strategy known as opportunistic trading. So why is it not advisable to trade the market at any time simply based on instinct? ![]() After all, diets and other nutritional regimens work well for some, but others can eat what they want without problems. If you confess that you have no strategy, it is possible that they will look at you in disbelief. How it works, how they developed it, and whether it performs well in terms of profitability. ![]() ![]() At some point, all novice traders will need to answer questions from veterans about their trading strategy.
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