To develop a decisive 10-step trading plan for the following six months, we will take the following steps based on Technical Analysis (TA), Fundamental Analysis (FA), Position Sizing, Stop-Loss and Take-Profit Strategies, Market Trends, and Analytical Thinking:
Step 1: Perform a thorough Technical Analysis (TA) using historical prices from.
Step 2: Study the current state of the asset and make predictions based on available data.
Step 3: Examine the underlying factors that could impact the asset’s value in the long term through Fundamental Analysis (FA).
Step 4: Determine the appropriate position size based on risk tolerance, market conditions, and trading strategy.
Step 5: Set stop-loss levels to limit potential losses and take-profit levels to secure gains when targets are reached.
