Find an uptrend, wait for price to pull back, set a buy order at a level above the pull-back but below the trend prices, set a stop-loss below the lowest point of the pull-back. Adjust your position size so that your account capital risked is less than 2%. When the buy order is triggered, close half the position when this makes enough profit to cover your initial risk and let the remaining half of the position run on with a rising stop-loss.Which trading strategy is suitable to trade for beginners with a lower opening balance and lower risks?
that is really a tough question to answer even though it sounds very simple.Which trading strategy is suitable to trade for beginners with a lower opening balance and lower risks?