Understanding Risk Reward Ratio: The Key to Profitable Trading
There can be several potentially lucrative trading opportunities, but how can you tell which ones will succeed and…
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A trading strategy is a method used by traders to decide when and what to trade. Examples include position trading strategies such as value investing, momentum trading strategies such as breakouts and mean reversion, or technical analysis based strategies such as trend following. In order to be successful with these strategies, it’s important for traders to determine the goals of their strategy and understand the risks associated with each one.