Get Tability: OKRs that don't suck | Learn more →

10 strategies and tactics for Trading

What is Trading strategy?

Every great achievement starts with a well-thought-out plan. It can be the launch of a new product, expanding into new markets, or just trying to increase efficiency. You'll need a delicate combination of strategies and tactics to ensure that the journey is smooth and effective.

Finding the right Trading strategy can be daunting, especially when you're busy working on your day-to-day tasks. This is why we've curated a list of examples for your inspiration.

Copy these examples into your preferred tool, or utilize Tability to ensure you remain accountable.

How to write your own Trading strategy with AI

While we have some examples available, it's likely that you'll have specific scenarios that aren't covered here. You can use our free AI generator below or our more complete goal-setting system to generate your own strategies.

Trading strategy examples

You'll find below a list of Trading tactics. We also included action items for each template to make it more practical and useful.

Strategies and tactics for expanding Sterling Tour and Travel Agency into the Kenyan Market

  • ⛳️ Strategy 1: Forge strategic partnerships

    • Identify and partner with a medium-sized Kenyan tour and travel agency
    • Leverage the local partner’s market knowledge and customer base
    • Align services to meet local cultural and tourist preferences
    • Ensure clear communication channels with partners
    • Negotiate mutually beneficial terms in partnership agreements
    • Engage local travel influencers to promote joint offerings
    • Create co-branded marketing materials with local partners
    • Host joint events and travel expos to increase brand visibility
    • Develop shared objectives and performance metrics
    • Regularly review and refine partnership strategies

  • ⛳️ Strategy 2: Adapt services to local market conditions

    • Research and understand customer preferences in Kenya
    • Develop Kenya-specific travel packages including popular destinations
    • Implement a pricing strategy that reflects local purchasing power
    • Offer flexible payment options tailored to Kenyan market needs
    • Launch culturally immersive experiences like safaris and heritage tours
    • Translate marketing materials into Swahili and other local languages
    • Align services with environmental and cultural preservation initiatives
    • Conduct training sessions for employees on local customs and practices
    • Incorporate feedback from local customers into service offerings
    • Regularly update offerings based on seasonal tourist trends

  • ⛳️ Strategy 3: Enhance marketing and brand awareness

    • Launch social media campaigns targeting Kenyan travellers
    • Partner with local influencers to widen digital reach
    • Participate in local and international travel expos
    • Utilise radio and print media to reach different demographics
    • Highlight local partnerships in marketing communications
    • Develop emotional and engaging storytelling content
    • Create promotional videos showcasing Kenyan attractions
    • Establish a customer referral programme
    • Leverage customer testimonials in marketing materials
    • Conduct surveys to measure brand awareness and adapt strategies
partnershipslocalizationstrategic-plannermarketing-specialistmarketing-teambusiness-development-team
Implement these strategies

Strategies and tactics for developing a Trading Strategy for TradingView Signals

  • ⛳️ Strategy 1: Utilise Technical Indicators

    • Identify currency pairs or cryptocurrencies with high liquidity
    • Select primary technical indicators such as RSI, MACD, and Moving Averages
    • Use RSI to identify overbought and oversold conditions
    • Incorporate MACD crossovers for trend confirmation
    • Apply moving average crossovers for additional entry and exit signals
    • Determine optimum buy and sell points using indicator values
    • Set stop-loss slightly below recent support for buys or above resistance for sells
    • Establish TP1 at recent swing highs or lows
    • Aim TP2 at 1.5x the distance of TP1 for risk reward ratio
    • Test the strategy on historical data and backtest for win rate validation

  • ⛳️ Strategy 2: Implement Price Action Analysis

    • Study candlestick patterns like Doji, Engulfing, and Hammer
    • Identify key support and resistance levels on the chart
    • Draw trendlines to establish overall market direction
    • Look for price breaks or bounces at trendlines for entry signals
    • Set buy signals on breakout above resistance levels
    • Indicate sell signals on failure at support or breakdowns
    • Position stop-loss just beyond the identified pattern
    • Set TP1 at the next major pivot point
    • Place TP2 at twice the distance from entry to TP1 for optimal risk reward
    • Backtest strategy using TradingView’s replay mode for signal quality

  • ⛳️ Strategy 3: Blend Fundamental and Sentiment Analysis

    • Stay updated on major economic events affecting desired currency pair or crypto asset
    • Use an economic calendar to track upcoming announcements
    • Analyse news sentiment around the particular asset
    • Incorporate sentiment indicators like the Fear and Greed Index for cryptocurrencies
    • Combine sentiment analysis with technical indicators to strengthen signal accuracy
    • Use positive sentiment along with technical breakouts for buys
    • Utilise negative sentiment with technical breakdowns for sells
    • Define stop-loss beneath technical and sentiment support levels
    • Place TP1 using anticipated short-term sentiment shift support
    • Calculate TP2 based on macroeconomic expectations and trends
technical-analysissentiment-analysistradermarket-analysttrading-strategy-developmentrisk-management
Implement these strategies

Strategies and tactics for developing a Profitable Day Trading Strategy

  • ⛳️ Strategy 1: Adopt the EMA Pullback Method

    • Set up 9 EMA and 21 EMA on your trading charts
    • Choose assets that are highly liquid such as major forex pairs or SP500 futures
    • Monitor the 5-minute chart actively during the highest liquidity hours for your chosen market
    • Identify the trend by ensuring the price is above both 9 EMA and 21 EMA for a bullish trend
    • Wait for the price to pull back to the 9 or 21 EMA in the direction of the trend
    • Confirm an entry using volume spikes on breakout candles and bullish candlestick patterns
    • Place a buy stop order above the high of the pullback candle
    • Set a stop loss below the recent swing low or use 1.5x ATR for volatility adjustment
    • Establish initial profit targets at 1:1 risk-reward ratio and adjust as needed
    • Ensure total exposure to risk per trade does not exceed 1% of your account balance

  • ⛳️ Strategy 2: Utilise Effective Risk Management

    • Define your maximum risk tolerance per trade and systematically adhere to it
    • Set a daily maximum loss cap at 2% of your account balance to cease trading if reached
    • Implement position sizing methods to ensure capital preservation
    • Avoid trades during major scheduled news events to manage unexpected volatility
    • Utilise ATR to determine the appropriate market conditions and avoid low volatility trades
    • Confirm that higher timeframe trends align with 5-minute chart setups for consistency
    • Exclude trades in markets deemed to provide choppy or unclear signals
    • Define clear conditions under which you will avoid or limit leveraged trades
    • Backtest risk parameters on historical data and adjust accordingly
    • Evaluate overall performance monthly and recalibrate risk strategies if necessary

  • ⛳️ Strategy 3: Maintain Trading Discipline and Setups

    • Create a predefined trading plan specifying entry, exit, and stop criteria
    • Document every trade in detail for subsequent analysis and learning
    • Restrain from making impulsive decisions and overtrading throughout sessions
    • Monitor psychological aspects such as greed or fear which affect decision making
    • Focus only on high-probability setup opportunities termed as A+ setups
    • Commit to frequent review of strategy effectiveness and adaptability
    • Ingrain a structured routine to aid consistent and disciplined trading practices
    • Use mechanical aids like hotkeys to ensure swift execution during peak moments
    • Engage in strategy optimisation based on observed performance and market shifts
    • Develop coping strategies to manage emotional stress and minimise revenge trading
scalpingtechnical-analysisday-traderrisk-managertrading-teamrisk-management-team
Implement these strategies

Strategies and tactics for analysing real-time market data for Quickler trading

  • ⛳️ Strategy 1: Leverage real-time data analytics

    • Subscribe to a reliable financial data service with real-time updates
    • Utilise data visualisation tools to track live asset price movements
    • Set up alerts for significant market movements to capture trading opportunities
    • Analyse historical data to identify patterns in quick price changes
    • Incorporate AI analytics for predicting immediate market trends
    • Develop a dashboard with key performance indicators and metrics
    • Engage in continuous learning of advanced data analysis techniques
    • Utilise APIs for seamless data integration into trading platforms
    • Regularly update and maintain models for data accuracy
    • Collaborate with data scientists for sophisticated market insights

  • ⛳️ Strategy 2: Implement short-duration trading methodologies

    • Learn the fundamentals of scalping and momentum trading
    • Attend workshops or webinars focused on rapid trading strategies
    • Conduct backtests on historical data to validate techniques
    • Develop a set of criteria for entering and exiting trades
    • Create a checklist to evaluate momentum and trend strength
    • Utilise technical indicators like moving averages for signal verification
    • Employ chart patterns that are favourable for short-term gains
    • Monitor news and events that could impact asset volatility
    • Establish an efficient communication system for time-sensitive trade actions
    • Review and iterate techniques monthly based on performance outcomes

  • ⛳️ Strategy 3: Optimize risk management and trading performance

    • Define risk parameters with specific stop-loss levels for each trade
    • Utilise position sizing calculators based on account size and risk tolerance
    • Maintain a trading journal to document all trades and their outcomes
    • Regularly analyze trading logs to identify mistakes and areas of improvement
    • Implement automated stop-loss orders to cap potential losses
    • Diversify asset choices to balance risk across different markets
    • Develop a stress-test scenario plan for potential market downturns
    • Set periodic review sessions to assess risk management practices
    • Incorporate feedback from successful traders in the trading community
    • Utilise simulation software to practice strategies without financial risk
real-time-datarisk-managementdata-scientisttraderanalytics-teamtrading-team
Implement these strategies

Strategies and tactics for setting up an EMA Crossover Alert on TradingView

  • ⛳️ Strategy 1: Configure EMAs on TradingView

    • Log in to your TradingView account
    • Open the chart of the desired financial instrument
    • Navigate to the 'Indicators & Strategies' tab
    • Search and select the 'Moving Average Exponential' indicator
    • Add three EMA indicators to the chart
    • Set the period of the first EMA to 9
    • Set the period of the second EMA to 50
    • Set the period of the third EMA to 100
    • Adjust the colour and style for each EMA for clear visual distinction
    • Save the chart layout for quick access in the future

  • ⛳️ Strategy 2: Create a Crossover Alert on TradingView

    • Ensure all three EMAs are visible on the chart
    • Open the 'Alerts' tab on TradingView
    • Select 'Add Alert' and choose EMA 9 as the first condition
    • Choose the 'Crossing' option
    • Set EMA 50 as the second condition for crossover
    • Add another alert for EMA 9 crossing EMA 100
    • Define alert notifications (pop-up, email, SMS) per your preference
    • Name the alerts clearly for easy identification
    • Set the alert expiration date based on your trading timeline
    • Create the alert and activate it

  • ⛳️ Strategy 3: Test and Monitor the Alerts

    • Simulate market conditions with historical data to test alerts
    • Verify the correct functionality of alerts through visual and audible signals
    • Adjust alert settings if signals are not appearing as expected
    • Monitor the chart regularly for the first few days to ensure reliability
    • Take notes on market conditions when alerts trigger
    • Modify action plan based on market behavior observed post-alert
    • Review historical performance of signals to evaluate effectiveness
    • Check alert logs for missed notifications due to technical issues
    • Communicate with TradingView support for unresolved alert issues
    • Share feedback or improvement suggestions with the TradingView community
tradingtechnical-analysistraderdata-analystmarket-analysistrading-strategy-development
Implement these strategies

Strategies and tactics for improving Trading Outcomes

  • ⛳️ Strategy 1: Utilise technical analysis

    • Select appropriate technical indicators such as moving averages and RSI
    • Set up charting software to monitor historical price movements
    • Backtest the selected indicators on historical data
    • Identify entry and exit points based on the indicators
    • Define stop-loss and take-profit levels for each trade
    • Implement a trading plan with defined risk management strategies
    • Review and adjust the strategy periodically based on performance
    • Avoid entering trades that do not meet all predefined criteria
    • Analyse the impact of market news before entering a trade
    • Use paper trading to simulate trades before actual execution

  • ⛳️ Strategy 2: Optimise risk management

    • Determine the maximum acceptable risk per trade as a percentage of the account
    • Use position sizing techniques to limit potential losses
    • Set consistent stop-loss orders on every trade
    • Implement a trailing stop to secure profits while the trade is in profit
    • Review and adjust stop-loss levels based on volatility
    • Limit the number of simultaneous trades to manage overall risk exposure
    • Keep a trading journal to analyse trade outcomes and refine strategies
    • Reassess risk levels periodically based on changes in market conditions
    • Avoid increasing position sizes after losses to prevent emotional trading
    • Take regular breaks to maintain a focused and calm mindset

  • ⛳️ Strategy 3: Diversify trading portfolio

    • Identify a range of markets to trade such as forex, stocks, and commodities
    • Select multiple trading instruments within each market segment
    • Research and understand the correlations between different trading instruments
    • Allocate a percentage of the trading account to each market segment
    • Adjust portfolio allocations regularly based on market performance
    • Periodically review and rebalance the portfolio to maintain diversification
    • Focus on long-term performance rather than short-term fluctuations
    • Avoid overexposure to any single market or instrument
    • Continuously educate yourself on new markets and opportunities
    • Utilise automated portfolio management tools to streamline processes
tradingrisk-managementtraderrisk-analysttrading-deskinvestment-team
Implement these strategies

Strategies and tactics for developing a Binary Trading Strategy

  • ⛳️ Strategy 1: Utilise technical analysis

    • Study common technical indicators such as moving averages, RSI, and Bollinger Bands
    • Choose a specific asset pair or market to focus analysis on
    • Use backtesting to analyse historical data and refine indicator parameters
    • Develop a clear entry and exit rule based on technical indicator signals
    • Utilise software tools or platforms that specialize in technical analysis
    • Monitor news events that could impact technical analysis
    • Set stop-loss levels based on technical indicators to manage risk
    • Join forums or communities to gain insights on technical strategies
    • Allocate dedicated time to continuously learn and update technical knowledge
    • Test the strategy on a demo account before live trading

  • ⛳️ Strategy 2: Leverage fundamental analysis

    • Research macroeconomic factors affecting markets of interest
    • Keep updated with global news and economic releases
    • Identify key economic indicators relevant to chosen assets
    • Develop a calendar to track upcoming major events and announcements
    • Understand how different economic events affect market sentiment
    • Formulate trading decisions based on market reactions to economic releases
    • Incorporate geopolitical analysis for assets influenced by political events
    • Subscribe to reputable financial news sources and reports
    • Network with other traders to discuss fundamental insights
    • Re-evaluate and adjust strategies based on evolving market fundamentals

  • ⛳️ Strategy 3: Practice risk management

    • Allocate only a small percentage of capital to each trade
    • Define maximum loss limits per day and adhere to them strictly
    • Implement a solid money management plan details risk-reward ratios
    • Develop rules to prevent emotional trading and overtrading
    • Regularly review and adjust the portfolio for diversification
    • Assess risk tolerance level before committing to trades
    • Use demo accounts to test risk management strategies
    • Document and analyse every trade to understand risk exposures
    • Employ stop-loss orders to minimise potential losses
    • Consider hedging strategies to protect against adverse movements
binary-tradingrisk-managementtraderanalysttrading-strategy-teamrisk-management-team
Implement these strategies

Strategies and tactics for achieving Consistent Success in Forex Trading

  • ⛳️ Strategy 1: Focus on mastering one currency pair

    • Choose a single currency pair to focus on based on your expertise and interest
    • Research and understand the economic indicators affecting that currency pair
    • Analyse historical data to recognise patterns and trends in that currency pair
    • Develop a simple trading plan specific to this currency pair
    • Use demo accounts to practise trading consistently with your strategy
    • Monitor relevant news and announcements impacting the chosen currency pair
    • Set realistic profit targets and stop-loss levels for each trade
    • Regularly review and adjust your strategy based on trading performance
    • Seek feedback from experienced traders on your strategy
    • Remain disciplined in following your strategy even when trades don't go as planned

  • ⛳️ Strategy 2: Utilise a technical analysis strategy

    • Learn basic technical analysis tools such as moving averages and trend lines
    • Apply candlestick chart patterns to identify entry and exit points
    • Use support and resistance levels to determine optimal trading conditions
    • Implement a simple moving average crossover strategy
    • Back-test your technical analysis strategy on historical data
    • Set clear risk management protocols, such as position sizing and stop-loss orders
    • Evaluate your trades in a trading journal for pattern recognition
    • Focus on consistency rather than trying to predict every market move
    • Regularly attend webinars or workshops to enhance technical skills
    • Stay adaptable to market conditions and update analysis techniques accordingly

  • ⛳️ Strategy 3: Apply the KISS principle (keep it simple, stupid)

    • Start with the basics and ensure understanding of forex trading terminology
    • Choose a simple trading platform with user-friendly interface
    • Develop a straightforward trading plan with clear and concise rules
    • Focus on no more than two key indicators to inform your trading decisions
    • Simplify your charts by removing unnecessary indicators and information
    • Set up clear guidelines for trade execution and exit strategies
    • Automate processes where possible, such as alerts for specific conditions
    • Design a weekly routine to review and adjust your strategy as needed
    • Prioritise patience and discipline over attempting to capture every market opportunity
    • Commit to continuous learning to build your skills gradually over time
forex-tradingtechnical-analysistraderanalysttrading-teamrisk-management-team
Implement these strategies

Strategies and tactics for creating a strategy for crypto futures perpetual trading

  • ⛳️ Strategy 1: minimise trading fees

    • Select a futures exchange with a low fee structure
    • Join the exchange's fee rebate or discount programs
    • Use limit orders to reduce the potential for taker fees
    • Utilise referral links for fee discounts
    • Opt for exchanges offering fee discounts for holding their tokens
    • Track and compare fees across multiple exchanges
    • Leverage VIP or tiered trading benefits to reduce fees
    • Calculate and incorporate trading fees into your profit forecasts
    • Regularly review and adjust your trading strategy to minimise fees
    • Monitor fee changes and updates by the exchange

  • ⛳️ Strategy 2: optimise trading performance

    • Implement technical analysis to identify optimal entry and exit points
    • Use automated trading bots to capitalise on market inefficiencies
    • Diversify trades to manage risk and avoid significant losses
    • Set clear profit and loss targets for each trade
    • Regularly backtest trading strategies for effectiveness
    • Leverage leverage wisely to amplify returns while managing risk
    • Monitor market sentiment and news for potential impacts
    • Utilise stop-loss and take-profit orders to manage trades automatically
    • Analyse past trades to identify areas for improvement
    • Stay informed about regulatory changes and market conditions

  • ⛳️ Strategy 3: increase capital efficiency

    • Utilise margin trading to increase capital effectiveness
    • Reinvest a portion of profits to grow trading capital
    • Maintain a well-documented trading journal to track performance
    • Regularly review and adjust leverage ratios
    • Utilise funding rate arbitrage opportunities
    • Explore high-frequency trading to maximise capital utilisation
    • Prioritise liquidity in selecting trading pairs
    • Monitor and optimise margin levels to avoid liquidation
    • Participate in staking or lending for additional income streams
    • Balance risk across multiple trading strategies to preserve capital
crypto-tradingfee-minimizationtradermarket-analysttrading-teamrisk-management-team
Implement these strategies

Strategies and tactics for implementing support and resistance based algorithm for trading

  • ⛳️ Strategy 1: Define clear support and resistance levels

    • Identify key historical price levels where price has reversed or stalled
    • Use the highest and lowest points on the chart for the designated period to determine levels
    • Apply moving averages to smoothen out noise and identify reliable levels
    • Incorporate pivot points to generate potential support and resistance zones
    • Utilise technical indicators such as Bollinger Bands or Fibonacci retracements for additional confirmation
    • Plot these support and resistance levels on the chart for clear visual reference
    • Ensure levels are dynamically updated based on recent price movements
    • Integrate trend lines in conjunction with horizontal levels for a robust strategy
    • Back-test these levels with historical price data to assess reliability
    • Adjust levels based on market volatility and trading volume

  • ⛳️ Strategy 2: Formulate buy and sell signals

    • Set buy signals when price touches a support level and shows reversal patterns
    • Consider buying on breakouts above resistance levels with volume confirmation
    • Generate sell signals when the price hits resistance and reversal patterns appear
    • Sell on breakdowns below support levels with significant volume as a confirmation
    • Incorporate RSI or other momentum indicators to strengthen buy and sell signals
    • Use candlestick patterns as entry and exit confirmations alongside levels
    • Set stop-loss orders just below support for buys and above resistance for sells
    • Define take-profit levels within reasonable risk-reward ratios
    • Utilise alerts via Pine script to actively monitor emerging signals
    • Regularly review and refine signal criteria based on performance metrics

  • ⛳️ Strategy 3: Develop and test the Pine script

    • Outline the logic and flow for implementing the strategy in Pine Script
    • Code the support and resistance detection logic using arrays or built-in functions
    • Implement the buy and sell logic based on defined conditions
    • Test the script on past S&P 500 data to validate accuracy of predictions
    • Utilise TradingView's strategy tester to analyze risk-to-reward ratios and profitability
    • Debug any script errors and optimize code for better performance
    • Back-test the algorithm against different market conditions
    • Adjust parameters and rules based on back-testing outcomes
    • Publish the Pine script in TradingView for community feedback
    • Continuously refine and update the script for improved results based on user input and further testing
algorithmic-tradingtechnical-analysistraderalgorithm-developertrading-strategy-teamsoftware-development-team
Implement these strategies

How to track your Trading strategies and tactics

Having a plan is one thing, sticking to it is another.

Having a good strategy is only half the effort. You'll increase significantly your chances of success if you commit to a weekly check-in process.

A tool like Tability can also help you by combining AI and goal-setting to keep you on track.

More strategies recently published

We have more templates to help you draft your team goals and OKRs.

Planning resources

OKRs are a great way to translate strategies into measurable goals. Here are a list of resources to help you adopt the OKR framework:

Table of contents
Copyright © 2024 Tability