The Essentials of a Good Strategy

These following points will elaborate what a good strategy is all about.

1. Identify your goals and make them realistic.

2. Fix a time when you will sit down to analyze the market and plan out the trade.

3. Decide when you are going to transact and observe the market.

4. How often are you going to check the market and at what specific times?

5. What's the maximum percentage that you can afford to risk on each transaction?

6. How many lots are you planning to trade?