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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Edgewonk trading journal:

► https://www.edgewonk.com  *** use discount code: tradeciety ***

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► Risk Disclaimer: https://www.tradeciety.com/risk-disclaimer/ 

Disclaimer: The experience reports and comments constitute the personal experiences of our users. These are individual results that do not permit conclusions to be drawn about future developments. In particular, we make no claim that these are typical results that can be achieved by our users on a regular basis. Tradeciety can neither predict nor guarantee the occurrence of certain developments or the achievement of profits, nor will it do so.

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.