Most successful traders develop a strategy and perfect it over time. Some people focus on one particular study or calculation, while others use broad spectrum analysis to determine their trades. Most experts suggest trying a combination of both fundamental and technical analysis, with which you can make long-term projections and also determine entry and exit points. But in the end, it is the individual trader who needs to decide what works best for him or her (most often through trial and error).
So basically speaking, a strategy consist in using proper indicators in order to analyze a chart. Strategies are simple ones or more complex ones. In the following i will show you some of the most used strategies. That should help you in developing your own strategy.
For any business, it is crucial to develop a proper strategy before final execution. Following the stratgey makes it easy to do step by step progress.
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