UNIJOS MTL COMMUNITY

And one should sell when

A. At key resistance zones, as support is to buy, resistance is to sell. Where price rallies in a major support turned resistance.

B. Confirmed downtrends and this is when the downtrend is printing lower lows and lower highs so as to Favour your setup/ trade in the market

Good Morning, Backtesting is testing a particular trading strategy in a previous market or in a historical market data to see how it would have performed in the past

I think you repeated 2 question

No.1 and the last one

A trading strategy is a systemic plan that one designs to secure consistent profits in a financial market by eliminating emotional decision making

When buying or selling, one should look at support and resistance, as support favours buying and resistance supports selling.

Also at the trends, downtrend for sellers, uptrend for buyers.

Do not trade with emotions

Thank you for notifying

Na mistake

Before entering trade, check the following:

Trend: Is the market generally going up, down, or sideways?

Support and resistance: Where has price previously reacted?

Entry signal: Do you have a clear reason to enter?

Risk-to-reward: Is the potential profit worth the amount you're risking?

Stop-loss: Where will you exit if the trade goes against you?

Take-profit: Where will you take your profit?

News/events: Important economic or company news can cause large price movements.

Your trading plan: Does the trade actually meet your rules?

Simple rule: Don't enter just because the price is moving. Have a clear setup.

What is a trading strategy?

A trading strategy is a set of rules that tells you:

When to enter → where to place your stop-loss → where to take profit → when to exit.

Example of a simple educational strategy:

Trend + Support/Resistance

Identify the overall trend.

Wait for price to reach support/resistance.

Wait for confirmation.

Enter according to your rules.

Set your stop-loss.

Set your target.

Record the result.

When should you buy or sell?

There is no single time that is always correct.

Buy when your strategy gives a valid bullish signal—for example, price confirms a move upward from a support area.

Sell when your strategy gives a valid bearish signal—for example, price confirms a move downward from resistance.

For stocks, "sell" can also simply mean taking profit or reducing a position; short-selling is a separate concept.

Good afternoon 🌞 🌃 🌃 🌞

As for me before I enter trading

The enquity in my account matter's most as for me and the risk management

And also my take profit

Nice

Weldone

Weldone

Nice

3. What is a trading strategy?

A trading strategy is basically your game plan for buying and selling in the markets.

1. What should you look for before entering a trade?

Before you hit "buy" or "sell", you want a checklist. Pros don’t just yolo into trades they look for "confluence" where multiple things line up.

4. What is backtesting?

Backtesting = Testing your trading strategy on past market data to see if it would have worked before you risk real money.

5. What should you look for before entering a trade?

This is basically your pre-flight checklist. You don't want to jump in blind ✈️

1. Market Context + Trend

2. Risk & Reward

3. Risk Management

4. Your Headspace

Evening guys. So sorry am late ⏰

What is backtesting?

Backtesting is testing your trading strategy on past market data to see if it would have made money before you risk real cash.