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In the futures market, traders do not only replicate or imitate strategies found on websites or on Youtube but they look for ways to find a trading methodology that can be personalized to themselves such as lifestyle, risk, character, long-term goals, etc. Here are some methodologies that traders often apply to find the right fit for themselves:
- Identify personality
- Determine risk tolerance
- Adjust trading parameters to personality
- Adjust the performance of each parameter
- Make changes/adjustments if you encounter obstacles.
- Identify personality
- Determine risk tolerance
- Adjust trading parameters to personality
- Adjust the performance of each parameter
- Make changes/adjustments if you encounter obstacles.