One Financial

All traders should have a trading strategy, yet studies show that around 80% of traders do not employ one.  A trader following a strategy knows what to do no matter what happens in the market, a trader that does not have a strategy tries to make decisions when they feel the market is vulnerable.  These traders have a tendency to get attached to the positions and panic when the market moves against them as they do not have a prepared response.  Building a trading strategy is time consuming and is often refined over time, however once implemented they free the trader up to research and understand the market further.