Trading Tactics (Part 1)
To better understand my trading strategies and signal, it is necessary to understand the basic principles that I follow.
• I use technical analysis (TA*) based on my own indicator.
• To check the signal, I also check lower time frames to try to find the most accurate entry/exit point.
• Trade only on #spot. I do not use margin or futures.
• The following rule follows from the previous one: there are no Stop-losses (Stop-liss, SL*).
• All sales, like purchases, are made when certain conditions on the chart and indicator coincide. Manually.
• Profit fixation is also done manually or a Take-profit order (TP*) is set in advance at a certain level according to the indicator.
• The indicator is dynamic, so levels may change. You need to periodically monitor these levels and manually change TP and pending orders.
Continued at Части 2.