Why Trading Tactics?

The key to successful trading requires thorough preparation. Investing the time to identify Harmonic Trading opportunities is only half of the battle. The other part that can be easily overlooked is the execution of the trade. Therefore, it is essential to create a set of rules in advance to resolve potential problems that may arise throughout the trading process.

Trading tactics are basic guidelines and strategies that optimize Harmonic Trading decisions. Such strategies provide rules for nearly every trading situation, attempting to maximize profits while limiting losses. Clearly, the Harmonic Trading techniques provide an accurate and effective means to identify critical turning points. However, each reversal is not the same. Hence, each monetary result—profit or loss—will differ based upon two critical factors: