Trading Tactics & Guerrilla Approach
Trading Tactics & Guerrilla Approach: Trading goal is to get profits from the market. Investors engage in using traditional tactics while some gets involved in modern ones.
However, out of all the techniques “Guerrilla Tactics for Trading” stands out. Guerrilla tactics involve ambushes, sabotage, raids, petty warfare, hit-and-run tactics and enhanced mobility.
Develop a Plan For Trading
You identify your target and then develop a game plan for it. One of the most important aspects of the plan is a willingness to admit you have lost a battle and have a way to escape. You must always be willing to cut your losses, so you can live to fight another day.
Be Patient Approach
The ability to be patient for a long period of time and then to strike unexpectedly with great force when the time is right lies at the heart of this approach. You must be patient to achieve your targets. This technique might not be adopted by aggressive traders who tend to engage in continuous actions.
It involves the ability to sit and wait for the right timing. Most traders are unable to reach the point because of their impatience. In trading, using a partial buy and sell approached is practiced for patience.
Traders Operate With Secrecy
Traders are constantly in buying and selling and making big moves. The most effective traders operate with secrecy. They follow their targets and stay calm and cool while they do it.
When the overall market is weak do not lose focus on your targets. Guerrilla tactics are with what you can trade your stock. Sit patiently and watch how it develops further. In guerrilla tactic of trading when you do not have huge mutual fund, you keep an eye on your target and act promptly at the right time otherwise you will end up in a trouble if you treat trade like conducting a war.