Education

A strategy starts with risk, not prediction.

Build a repeatable process around position size, entry logic, exit conditions and honest review—not promises about the next market move.

Start here

Define the trade before placing it

A useful trading plan sets out what you are looking for, how much you are prepared to risk, what would invalidate the idea and when you will stop. The purpose is consistency under uncertainty.

Entry

Write a clear condition for entering instead of reacting to a fast price move.

Risk

Choose a loss limit and quantity that remain manageable if the trade fails.

Exit

Define profit-taking, stop and time-based exit conditions before confirmation.

Common approaches

Different time horizons, the same discipline

Trend following

Looks for sustained directional movement and uses an exit rule when the trend weakens or reverses.

Range trading

Observes repeated support and resistance areas while accounting for the possibility of a breakout.

Breakout trading

Waits for price to move beyond a defined range, normally with confirmation and a clear invalidation point.

Position trading

Uses a longer holding horizon and therefore requires attention to overnight swap and larger price fluctuations.

No strategy eliminates loss

Market regimes change, historical patterns can fail and an order may execute differently during volatile or illiquid conditions.

Position management

Control what you can control

  • Check the exact Bid and Ask rather than relying on a rounded display price.
  • Calculate Locked Margin and leave a Free Margin buffer for adverse movement.
  • Use quantity and leverage that fit the maximum loss defined in your plan.
  • Consider the spread, ticket fee and overnight swap before choosing a time horizon.
  • Place Take Profit and Stop Loss only at levels consistent with the instrument’s normal movement.
  • Avoid increasing exposure only to recover a previous loss.

Review

Use history as a decision journal

Trade history is most useful when it is reviewed as a process record. Compare the planned entry, actual execution, risk, exit and costs. Look for repeated behaviour rather than judging the method from one winning or losing position.