What is the best trading strategy for a beginner?

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The best trading strategy for nearly all traders is Support and Resistance.

A great deal of research has been done with successful traders and a future article will look more in detail about what we can learn from these traders. Suffice to say the most common trait is that they invariably did not use “advanced” trading strategies. At the core of nearly all the researched successful traders – whether they were full time, part-time or occasional, whether they classed themselves as swing traders, scalpers, trend followers or reversal traders, whether they traded on long time frames or short time-frames was Support and Resistance.

Understanding support and resistance levels and incorporating these levels into your trading is the basis of nearly all successful traders. Find out more about support and resistance here and also consider watching our Master Trader Series for greater detail on Support and Resistance.

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