Building your trading strategy
You know your risk profile and the markets you want to trade – but how will you find the specific trades you want to take? A trading strategy, as explained by CME Group in this video, gives you clear rules for every trade you take. These include criteria for finding setups with a high probability of success and establishing where your exit points – stop loss and profit target – will be in advance. That way, you’ll be able to trade your plan, and not your emotions.