By Dr. Mircea Dologa, MD, CTA*
Posted: Aug 14, 2009
Without a precise strategy, there won't be any profitable trades (refer to the article "Day-to-Day Business Operations When You Trade for a Living". The trader should be aware that determining trading strategy comes after the other two essential trading stages -- the psychological and risk and money management.
From the available trading arsenal of an astute trader, we can think of three trading principles that can be the "bread-and-butter" of profitable traders: Trending, sideways movements associated with resistance and support, and volatility.
