7.2Define Your Market
- ·Why instrument selection is narrowed deliberately
- ·How instruments require different rules
- ·How to choose a primary instrument
Do not attempt to trade every instrument. Choose instruments that suit the strategy.
- ·XAUUSD
- ·NAS100
- ·US30
- ·EURUSD
- ·USDJPY
Different instruments can require different rules.
Specialisation compounds understanding.
A stop distance appropriate for EURUSD may be far too tight for XAUUSD in the same session.
Examples use historical or illustrative data only. They are not live market signals.
Select one primary instrument and one secondary. Write why each fits your strategy and schedule.
The same rules can be applied unchanged across all instruments.
The main benefit of narrowing your instrument list is:
- 01Trade fewer instruments, better.
- 02Rules must be tuned per instrument.
- 03Selection reflects strategy and schedule.
Educational content only. Nothing here is financial advice or a recommendation to trade. Trading involves risk of loss, results vary between individuals, and past performance does not indicate future results. Only capital you can afford to lose should be exposed to market risk.