Trading strategies are systematic approaches traders employ to make informed decisions in buying and selling financial instruments, such as stocks, Forex, commodities, and cryptocurrencies.
Each strategy is a specific plan for opening and closing profitable orders based on market analysis, technical indicators, and risk management to achieve specific financial goals. Traders choose strategies based on their objectives, risk tolerance, and preferred trading style.
To increase your investment profits, it's essential to be aware of the current trends in trading. Keep on top of things with the latest strategies and trading ideas right in our PemaxxTrader platform.
Explore Pemaxx SpaceWhile there’s already a great variety of strategies to choose from, creating a personalized trading strategy can be a rewarding endeavor. It can provide a systematic approach tailored to your risk tolerance, financial goals, and trading style.
Here’s a step-by-step guide to help you build your trading strategy:
Building your own strategy may be exciting but also complicated and time-consuming. The good news is you can also succeed in trading without a self-made strategy. There are already dozens of strategies that have proved themselves useful to thousands of traders, and you can safely employ any of them after some research.
If you found this section useful, consider reading a short and comprehensive guide to the different types of trading strategies.
Once you understand the variety of trading strategies and their purposes, check out the following materials and choose the strategies that suit your needs and trading style the best.
3 min read
Learn to find wedges on the chart and use them to get reliable trading signals.
4 min read
Learn how to identify different types of triangle patterns and use them to predict strong trends.
4 min read
Learn to identify flag chart patterns and use them to predict trend continuation.
4 min read
Learn how to detect double top and bottom chart patterns and use them to predict trend reversal.
9 min read
Learn what the Fibonacci sequence is ,how it Works, and how to drow Fibonacci retracements.
6 min read
Learn how to Successfully apply Fibonacci retracements in trading with maximum efficiency
9 min read
Find out how to use a well-Known fundamental tool of your Stratery
3 min read
A functional Strategy worth adding to your arsenal to easily detect trend revesal and use it to your advantage.
4 min read
Learn how to trade in a flat market using a common indicater you are probably already familiar whit.
4 min read
Study and master a versatile trend-following strategy that you can use in various scenarios.
4 min read
Learn about the Stratergy that enables you to effectiviation and benefit from them.
3 min read
The name of this article speaks for itself. read it to explore an effective strategy for a market where price bounces between hight and low extremes.