Description:

Building your strategy is one of the most important things you’ll do as a trader, and it isn’t a case of ‘one size fits all’. Meaning, a strategy that works for someone else, won’t necessarily work for you. Your strategy should be specifically tailored to your trading style, risk tolerance and goals. It tells you what to do, when, why and how. It guides you, helping limit mistakes you may make and minimize losses you may experience. But, maybe most importantly, it helps you build trading discipline.