The Difference Between Trading Strategies and Tactics

Ifan Wei | Black Room Lessons

The terms 'Strategies' and 'Tactics' are often used interchangably. For others, they are distinct components of a trading plan that can vary greatly from person to person.

For me, a strategy determines the direction of the play, and the tactics are the methods for execution. This video outlines how the strategy and tactics are defined for each trade I take.

Scott Redler, Derrick Oldensmith, and Patrick Hawe are associated members of T3 Trading Group, LLC (“T3TG”), a SEC registered Broker-Dealer & Member of FINRA SIPC. All trades made by them are placed through T3TG.

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