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Thread: Design your own trading system with some useful and important steps

  1. #1
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    Design your own trading system with some useful and important steps

    Design your own trading system with some useful and important steps: hello friends I am sharing some points which is helpful for making strategies any kind of
    Time frame: time frame selection is important in our trading its sometime depend on market situation and sometime depend on our trading requirements, some can have time to watch market for long time some uses this as part time so for those long time frames are good, first of all choose what is your target then choose time with respect to goal means day trading, weekly trading or what?
    Find your indicators for finding trend: for technical trading indicators are major parts use indicators which suited to your time frames, capital and your skills, make grip on them no matter what you are using but learn them perfectly, after learn them you can understand how and when you can use them. They give you knowledge and signal about trend how to identify how to predict.
    Find indicators for confirmation of trend: finding trend is one thing and confirmation is different thing, finding means you are making analysis and have done this, but with confirmation you can confirm that this is true trend and now you are ready for trade.
    Identify your risk: for a good order you must need to identify what is your target, with small target you can earn small but risk will be also small and in loss side you will be safe, so identify how much you want to take risk on single order you can done this by using volume.
    Entry and exit point: after identifying and confirmation of trend, mark point for entry and exit and just follow it, if your analysis is clear then automatically you will understand when to enter when to exit, sometime it can depend on your daily target also.
    Follow your rules: one most important step in strategy is to make some rules and follow them strictly, because when we trade without rules then we avoid management and risk ratio, so we can’t understand what we want how much we want and what is target, so undirected trade give us bad results.
    Best of luck for happy trading

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  2. #2681
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    This is the correct way to go about trading if we are targeting to become successful. We must do well to design a profitable system in this market and look forward to become a profitable trader. Our system is something we must put in lot of time to create and as long as we can follow the positive goals to learn, we will be able to maintain a profitable trade. Good demo learning will go a long way here and its a possible way to create a working system for us.

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  3. #2682
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    For designing our trading system demo offers a good platform, where we can easily make necessary modifications in a system without risk of loss. Everything that we learn on demo is for the purpose of following the same in real trading and this fortifies our confidence too. First steps of learning is that we have to learn with demo the basics of Forex and a good strategy.

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  4. #2683
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    Traders should have good learning initially for their future in the forex field not to have issues. The key to learning how the forex market works can be found in our abilities to get to learn to gain a lot of knowledge and experience which shall become the backbone of successful trading. Traders that have the experience of designing trading systems are far from those traders that are still struggling in the market to survive.

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  5. #2684
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    Quote Originally Posted by ORACLE OF GOD View Post
    Designing a personal trading system is not an easy thing if we do not have how we can add so many things together here before a good trading system is formed.I have gone through so many process of making trading system before and it is not easy to get the one you that will give you all that you like to see about a good indicator that is going to give you a good output at the end of the day.You get to know a good trading system as you continue to practice on it.
    It is true that it is personal to make our trading system, the trading system that gives trader the best are the trading systems gotten through the trading of the market trend, that is what i know that will help traders better. To trade the market and get to construct the best system, the trader will be needing to trade with the best systems, that system of trading will need the trader to be working with high probability of always making it.

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  6. #2685
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    Any successful strategy is built upon trend rules simply buy when it is an up trend and selling when its a down trend. My analysis is H4 while entry is M30, stoploss 20 pips, entry a breakout candle from a demand or supply zone as the case may be it up or down trend, Take profit 2x what i am risking to cover for any lose to maximise profits and minimise lose.

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  7. #2686
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    A good trading strategy is all what we need, it will not be simple to have one but then again, in accordance with all what I have learned, the demo account is the best place where to learn and then be able to have the best simple trading strategy, there is no two ways about it, because forex trading is all about experience and that is what the demo account gets to give to traders.

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  8. #2687
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    Building a profitable strategy is very important but we need to take the right steps before it will be possible for us to build that profitable system. if we follow the steps in this thread we'll be able to build a very profitable system toi work and make huge money in the market, trading forex is a lot easier when we build a very profitable system.

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  9. #2688
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    It's true that, a trading system which is designed by own practice is more profitable than any other trading strategy. But, to create a trading strategy would have need to do a lot of work then we are able to create a solid trading plan. Forex trading is all about learning if a trader really want to become a master trader. Then he have need to learn as much as he can.

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  10. #2689
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    Building on training strategy is very beneficial for us. So, a trader must have need to do hard work to make his own trading system. When a trader do trade for his own trading system then he know that what he is doing and what will be the result of doing it. There is only one way to build own trading system. A trader have need to do demo practice on every indicator to know that how its work.

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  11. #2690
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    This is the best method of the trading , i like this method very much . when we properly use the best method in our trading and use the proper designing system to use the best way of earning . we can make over own trading system if we are expert in the trading and well knowledge of the trading .

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