What is the 5-3-1 rule trading?
What exactly is the 5-3-1 rule trading? Could you please explain its core principles and concepts? I'm interested in understanding how this rule is applied in practical trading scenarios. Is it suitable for all types of investors, regardless of their experience level? What kind of asset classes or markets does it typically work best with? Are there any specific risks or challenges associated with using this rule? How does it compare to other trading strategies? Would you recommend it for beginners, or is it more suitable for experienced traders? Thank you for clarifying these points.