Trading System - Page 226
Page 226 of 227 FirstFirst ... 126176216222223224225226227 LastLast
Results 2,251 to 2,260 of 2264

Thread: Trading System

  1. #1
    Super Moderator RoboForex Trader's Avatar
    Join Date
    Dec 2012
    Posts
    489
    Promo (¢)
    0
    Thumbs Up
    Received: 142
    Given: 33

    Trading System

    What is the Trading System?

    The Trading System implies a number of rules, algorithms and strategies which could help to get a profit. Anything can be used as a signal whether it be planned news or indicators or japanese candlesticks charting, even if it is tick-tack-toe combination. The only limitation is your imagination, and the only criteria is profit you get. The Trading System should be formalizable. It’s necessary for trader to have a possibility of describing his actions within each specific situation. The trader must abide by established rules also to keep an algorithm, because it’s breaking can result in unstable trading.

    There are two types of trading system.
    MTS – is the Mechanical Trading System. It means the trading system, which is managed by trader manual. Lots of the most popular MTS are based on a code of practice, indicators, oscillators or even news.
    ATS –is the Automatic Trading System or Robot – in another words. It is completely programmed cycle of actions which needs monitoring and control by trader only. Lots of ATS also use indicators. There are some Robots which working process is based on Martingale system and lock trading.

    The System as itself consists of:
    1. Strategy – the main point.
    2. Set of rules for open\close deal optimization.
    3. Many-management to optimize losses and fatten the profits.

    All of pre-cited factors should be used in a successive order (as it numbered). It is needed to except Trading parameters’ re-optimization, when the System repeats algorithms and actions which have fattened the profits precedently. But it does not guarantee such efficiency hereafter.

    Not allowed!

  2. #2251
    Registered user Rylai's Avatar
    Join Date
    Oct 2017
    Posts
    1,638
    Promo (¢)
    240
    Thumbs Up
    Received: 9
    Given: 21
    Quote Originally Posted by Krosneles View Post
    I have to agree with you. Trader can build good trading system only in real account because he worries about his money and real success. Demo accounts will not help to build a good system because nobody worries about virtual money and the losing orders in demo will be left for next day without any worry if they will win or lose.
    Doing the same in safer way with demo account is actually possible, as long as traders are learning safely and consider their demo account as precious as their own funded money. traders who successfully treat demo like their own real account will learn and do things very carefully without doing random mistakes like most beginners are doing. we know it's just virtual money, but applying this mindset will greatly help us to train ourself to be grateful for what we have.

    Not allowed!

  3. #2252
    Registered user cutiekc's Avatar
    Join Date
    Dec 2013
    Posts
    23,448
    Promo (¢)
    1,785
    Thumbs Up
    Received: 158
    Given: 236
    Any one that wants to become a profitable successful trader must have a trading system, it is a must to do that. A good trading system is needed, the one that you have learned and it should be complete by having a good trading risk management and also a trading plan been used to make good simple decisions, all are aimed at getting to make us profitable trader.

    Not allowed!

  4. #2253
    Registered user Silhouette's Avatar
    Join Date
    May 2016
    Posts
    2,390
    Promo (¢)
    330
    Thumbs Up
    Received: 37
    Given: 41
    Some traders likes to trade with manual trading system while the others are counting their account with automated trading system. Basically the choices are made by traders who understand their methods well. When we're able to read market and analyze everything by ourself, then manual trading system will be our best bet to use. In other way with traders who understand programming language and trust the system of Expert Advisors in market, then they can focus to trade with the automated ones.

    Not allowed!
    rules made to be followed, not to be broken

  5. #2254
    Rookie
    Join Date
    Feb 2014
    Posts
    2,488
    Promo (¢)
    2,960
    Thumbs Up
    Received: 11
    Given: 9
    trading system can be a very good tool for the trader by which he can achieve success in the trading . so by having these effective tools which help in making the effective trading system . there is a good chance to follow the market with the powerful data to confirm the points to enter and located our limits for the stop loss and the take profit orders as a calculated manner

    Not allowed!

  6. #2255
    Registered user ola4real's Avatar
    Join Date
    Mar 2018
    Posts
    7,917
    Promo (¢)
    4,065
    Thumbs Up
    Received: 47
    Given: 20
    Quote Originally Posted by Rylai View Post
    Doing the same in safer way with demo account is actually possible, as long as traders are learning safely and consider their demo account as precious as their own funded money. traders who successfully treat demo like their own real account will learn and do things very carefully without doing random mistakes like most beginners are doing. we know it's just virtual money, but applying this mindset will greatly help us to train ourself to be grateful for what we have.
    It is safer to build your forex system with demo account than to do that with the real account. Apart from that, forex traders could do well in their real account trading only if the trader has already got their experience with the demo. If not, the trader of the real account will surely be wasting his forex investments. The mindset of trading real accounts is not same with the mindset of trading the real account too, so we have to be careful as we are trading the two.

    Not allowed!

  7. #2256
    Registered user Toyen's Avatar
    Join Date
    Apr 2018
    Posts
    7,283
    Promo (¢)
    4,875
    Thumbs Up
    Received: 39
    Given: 13
    Quote Originally Posted by cutiekc View Post
    Any one that wants to become a profitable successful trader must have a trading system, it is a must to do that. A good trading system is needed, the one that you have learned and it should be complete by having a good trading risk management and also a trading plan been used to make good simple decisions, all are aimed at getting to make us profitable trader.
    The first thing to do in the market is to learn how a trading system could be established by the trader. Without a good trading system, there can never be a good trader. I believe that the level at which traders are likewise using their trading system rightly depends on the experience which the trader has and how the trader is smart with their plans to use the trading system rightly.

    Not allowed!

  8. #2257
    Registered user cutiekc's Avatar
    Join Date
    Dec 2013
    Posts
    23,448
    Promo (¢)
    1,785
    Thumbs Up
    Received: 158
    Given: 236
    Trading is all more about having a good trading system and then following it, once you have been able to have the rules been followed, then you can actually think about making consistent earnings with it. We ought to know that everything in the forex trading market is all about keeping rules, so when you are into the business, just make sure that you are not the kind of trader who often seeks for fast results.

    Not allowed!

  9. #2258
    Registered user
    Join Date
    Jul 2014
    Posts
    6,853
    Promo (¢)
    1,230
    Thumbs Up
    Received: 106
    Given: 66
    Quote Originally Posted by cutiekc View Post
    Trading is all more about having a good trading system and then following it, once you have been able to have the rules been followed, then you can actually think about making consistent earnings with it. We ought to know that everything in the forex trading market is all about keeping rules, so when you are into the business, just make sure that you are not the kind of trader who often seeks for fast results.
    We need to keep in mind our preferences and trade based on the strategy we understand. Further we have to follow the rules that we lay down from our experience, this will help keep our trading smooth and peaceful. The strategy can be technically based or fundamentally based. Every trader who wants to trade manually has the responsibility of building a strong psychology.

    Not allowed!

  10. #2259
    Registered user
    Join Date
    Aug 2015
    Posts
    12,686
    Promo (¢)
    3,795
    Thumbs Up
    Received: 122
    Given: 24
    Quote Originally Posted by Abhishekwala View Post
    We need to keep in mind our preferences and trade based on the strategy we understand. Further we have to follow the rules that we lay down from our experience, this will help keep our trading smooth and peaceful. The strategy can be technically based or fundamentally based. Every trader who wants to trade manually has the responsibility of building a strong psychology.
    the word "can be" is not right here i think because both strategies have a lot of difference in all senses, we should keep in mind if news is coming so market will work on news but the issue is how we can understand about its effect and direction, so make sure you know how to read news, if you do not you can wait and can avoid news as well, but if you have knowledge its best way to gain more pips in short period, technical is also good but news trading is best i think

    Not allowed!

  11. #2260
    Registered user mexima's Avatar
    Join Date
    Sep 2018
    Posts
    1,012
    Promo (¢)
    90
    Thumbs Up
    Received: 16
    Given: 42
    Quote Originally Posted by Silhouette View Post
    Some traders likes to trade with manual trading system while the others are counting their account with automated trading system. Basically the choices are made by traders who understand their methods well. When we're able to read market and analyze everything by ourself, then manual trading system will be our best bet to use. In other way with traders who understand programming language and trust the system of Expert Advisors in market, then they can focus to trade with the automated ones.
    i never go with the ea because mostly market become violate on the news time or data time and most cheap pair like eurusd and gbpusd become extra violate because of extra advance event like brexit that blow up the account easily because of EA because EA open and close the trade as per method which is installed in the EA.

    Not allowed!

Page 226 of 227 FirstFirst ... 126176216222223224225226227 LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •