Support and resistance break out trader!
What are the most famous intraday strategies? And which do you use?
What are the most famous intraday strategies? And which do you use?
Join FYERS Community to pick others' brains on Trading/Investing
I am a price action trader 😁
I trade according to the trend of the market....
There are N Number of strategies in the market. I prefer use the strategy depends upon the market condition, VIX and momentum.
I mostly sell options to receive the premium and Covered Call, Protected Put and Iron Condor strategies with a pre-defined risk management and according to my loss making capacity.
According to me, the common strategy that every successful trader follows is the proper risk-reward ratio and money management.
Price action mainly, also as mentioned by Naresh - Proper risk reward ratio and money management.
Indicator + price action trader