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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
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Strategies and tactics for implementing Trading Strategies

  • ⛳️ Strategy 1: Utilise technical analysis

    • Identify key support and resistance levels on charts
    • Use moving averages to determine trend direction
    • Apply Relative Strength Index (RSI) for identifying overbought or oversold conditions
    • Implement Fibonacci retracement levels to find potential reversal points
    • Utilise MACD indicator to identify momentum changes
    • Conduct top-down analysis from higher time frames to lower ones
    • Set alerts for key price levels and indicator signals
    • Perform backtesting on selected strategies for efficacy
    • Regularly update and review technical setups and patterns
    • Incorporate candlestick patterns for additional confirmation

  • ⛳️ Strategy 2: Follow a structured risk management plan

    • Determine the maximum percentage of capital to risk per trade
    • Set stop-loss and take-profit levels for every trade
    • Use volatility-based position sizing to manage trade size
    • Maintain a risk-reward ratio of at least 1:2 for trades
    • Diversify trades across different assets to spread risk
    • Regularly review and adjust stop-loss levels as necessary
    • Keep detailed records of each trade to analyse performance
    • Avoid trading during high-impact news releases
    • Withdraw profits periodically to reduce psychological pressure
    • Continuously educate on risk management techniques

  • ⛳️ Strategy 3: Stay informed and adapt to market changes

    • Subscribe to financial news platforms for market updates
    • Follow economic calendars to anticipate major events
    • Join trading forums and communities for insights and discussions
    • Attend webinars and workshops to stay informed on new strategies
    • Regularly review market conditions and adjust strategies accordingly
    • Analyse historical data for understanding market tendencies
    • Monitor central bank announcements for guidance on economic trends
    • Study geopolitical events and their potential market impacts
    • Explore automated tools or algorithms for real-time analysis
    • Practice patience and discipline, adjusting strategies as needed
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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
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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
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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
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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
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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
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Strategies and tactics for understanding candle patterns in trading

  • ⛳️ Strategy 1: Identify different candle patterns

    • Study the basic anatomy of a candle, including the open, close, high, and low
    • Learn about bullish and bearish candles and how to differentiate between them
    • Identify common single candle patterns such as doji, spinning top, and marubozu
    • Study multi-candle patterns like engulfing, harami, and morning star
    • Use a trading platform with historical data to practise identifying these patterns
    • Create flashcards with candle pattern illustrations and definitions for review
    • Take online courses or workshops focused on candle patterns in trading
    • Read books or articles focused on technical analysis and candle patterns
    • Join online trading communities to discuss and learn about candle patterns
    • Regularly test your knowledge with quizzes or practice trades using different patterns

  • ⛳️ Strategy 2: Interpret what candle patterns indicate

    • Learn how to determine the sentiment (bullish, bearish, neutral) conveyed by specific patterns
    • Understand the significance of candle placement within a trend
    • Analyse volume in relation to candle patterns to gauge strength
    • Study reversal versus continuation signals given by specific patterns
    • Use demo trading platforms to observe real-time implications of candle patterns
    • Read case studies or reports detailing historic examples of candle pattern signals
    • Consult trading experts or mentors for insights on pattern significance
    • Develop a checklist of key signals associated with each pattern
    • Practice interpreting candle signals by keeping a trading journal
    • Evaluate the impact of timeframes on the indication given by candle patterns

  • ⛳️ Strategy 3: Implement actions based on candle patterns

    • Create a list of action plans for trade entry and exit based on specific patterns
    • Test your action plans using a demo account to minimise risk
    • Establish clear criteria for engaging in 5-minute, 15-minute, and 1-hour trades
    • Set stop-loss orders based on candle pattern analysis to manage risk
    • Incorporate trend analysis to confirm candle pattern signals before taking action
    • Use alerts or trading signals to be notified of relevant candle patterns in real time
    • Adjust trade sizes according to the level of confirmation given by the candle patterns
    • Continually review and refine your trading strategy based on candle pattern performance
    • Record your trades and the outcomes to analyse the effectiveness of your decisions
    • Stay updated on new research and findings regarding candle patterns and trading
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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
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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
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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

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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:

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