Before starting placing orders in the financial markets it is important to have your market strategy in order. Market strategies are tailored descriptions, often based on your own preliminary experience. The tailored description, based on your own experience, is supposed to provide you with the edge to be successful in your trading activity. However, how confident are you to turn your experience into a clear definition of actual market entry- and exit points? How confident are you to transform your experience into a distinguished plan that works as the backbone for your future market activity?
Applicable Financial Markets
The market strategies developed are applicable onto the most common markets. The definition of the market entries works (more or less) in the same manner independent of the most common markets. However, there are a few favorites that has a few factors in common; profitability and liquidity.
Profitability and liquidity are two factors that often go hand in hand. The more liquid a market is, the more profit is reasonable. The more liquidity there is , the more we enjoy a suitable range of volatility. Provided that the basic conditions are met, there is only one question that remains: What is causing the prices to change?
Forex Trading
The Forex market is without doubt the worlds most traded financial market. Also without doubt the market liquidity is stronger than other markets (f. ex. the stock markets. Unlike equities, which are traded via exchanges, the Forex market is traded with direct market access and is open 24/7. A broker will provide the needed resources to get going.
Crypto Markets
Placing orders in the crypto market is typically done by “betting” with one crypto currency against the other in the purpose of creating profit. However, it tend not to be as efficient as the Forex market, mostly because the banks are still resistant to apply any leverage. Instead there are other ways to creae good profit in the crypro market.
Alternative Blockchain Investments
The blockchain technology is still young. However, the technology as such is very well suited for creating tomorrow investment protocols. The direction is going towards “real world assets” and how they can be bought onto any relevant blockchain in order to be defined as a financial product.
Bespoke Market Strategies
Are you working on your trading strategy but are unsure how to articulate it? Are you looking to find the exact formulation on your entry- and exit points? Are you aware of the exact market conditions that affects your trading performance, but need to put them out in the real market? Creating market strategies is a detailed work where all considerations must me satisfied.
A set of professional eyes might come in handy. Tore Herbert Hoff has decades of experience in trading and has built several successful market strategies for trading.