Design your own trading system with some useful and important steps - Page 279
Page 279 of 286 FirstFirst ... 179229269275276277278279280281282283 ... LastLast
Results 2,781 to 2,790 of 2855

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

  1. #1
    Registered user
    Join Date
    Feb 2017
    Posts
    695
    Thumbs Up
    Received: 4
    Given: 0

    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

    Not allowed!

  2. #2781
    Trader
    Join Date
    Jun 2017
    Posts
    9,294
    Thumbs Up
    Received: 28
    Given: 12
    If we get to learn and master how this business work and acquire good experience and knowledge about the market we can easily design our own trading system, it's take a good experience and knowledge for us to design a good trading system or to learn and master any of the available strategy, experience is what we need to become good traders.

    Not allowed!

  3. #2782
    Trader
    Join Date
    Aug 2018
    Posts
    2,122
    Thumbs Up
    Received: 8
    Given: 7
    Every trader must create and design his own trading system. We can not earn money in the market if we do not know what we do, why and when. Trader must have knowledge and experience to understand the things and create his own trading system according his personal requirements, trading methods and point of view to the market.

    Not allowed!

  4. #2783
    Trader
    Join Date
    Dec 2016
    Posts
    1,794
    Thumbs Up
    Received: 5
    Given: 3
    We must have a good trading strategy that is help us to understand this market trend well and help traders to earn daily basis big profit on this business. Proper design of our system can work out for us and would possibly give us the chance to manage risk while we put on the need to build the best trading. We must choose those trading strategies in which we are expert on this business.

    Not allowed!

  5. #2784
    Trader
    Join Date
    Jul 2017
    Posts
    4,109
    Thumbs Up
    Received: 6
    Given: 1
    It is very important for traders to design their own trading method instead of relying on other peoples trading method,even if you are using some body system,it is expected that you work on it a little bit to make it suit your purpose,the bottom line is that you need to own any system you are using to make it fully yours.

    Not allowed!

  6. #2785
    Trader
    Join Date
    Mar 2017
    Posts
    7,227
    Thumbs Up
    Received: 19
    Given: 6
    I agree with you that we have to trade with own method and sometime we get direction from other trader too here we all share our knowledge so if we do not get advantage from it we have failed we always have to learn properly with knowledge and with practice to trade safely it will give trader opportunity to get success from market .

    Not allowed!

  7. #2786
    Trader
    Join Date
    Jul 2014
    Posts
    7,061
    Thumbs Up
    Received: 108
    Given: 70
    Quote Originally Posted by Azeem View Post
    We must have a good trading strategy that is help us to understand this market trend well and help traders to earn daily basis big profit on this business. Proper design of our system can work out for us and would possibly give us the chance to manage risk while we put on the need to build the best trading. We must choose those trading strategies in which we are expert on this business.
    Whether we want to earn with market trend, news or by way of scalping we should not do anything unless we are powered with a good strategy. There is no need to design our own strategy, at least when we are newbies and we dont have that much experience and understanding to do so. There are many strategies making use of a combination of certain indicators or chart patterns and the SOR levels in some specific way, that we can learn and use.

    Not allowed!

  8. #2787
    Trader
    Join Date
    Jun 2017
    Posts
    9,294
    Thumbs Up
    Received: 28
    Given: 12
    If we follow the right steps we can design our own strategy very easily, it's because we don't follow the right steps that's why it's hard for most of us to design our own strategy and skills, but if we follow the right steps and be patient, it wouldn't take us much time for us to design or construct our own trading strategy to trade the market successfully.

    Not allowed!

  9. #2788
    Trader ola4real's Avatar
    Join Date
    Mar 2018
    Posts
    8,262
    Thumbs Up
    Received: 47
    Given: 20
    Quote Originally Posted by Eneregha View Post
    If we follow the right steps we can design our own strategy very easily, it's because we don't follow the right steps that's why it's hard for most of us to design our own strategy and skills, but if we follow the right steps and be patient, it wouldn't take us much time for us to design or construct our own trading strategy to trade the market successfully.
    I know that we can design our own forex system, this is what many forex traders are doing. But one thing who is very crucial in achieving this is for forex traders to make sure that the are trading the forex field with caution. They must learn and get to utilize what they have leraned, that is what can get the trader the needed results in the positive way.

    Not allowed!

  10. #2789
    Trader Batavia's Avatar
    Join Date
    Oct 2016
    Location
    Batavia City
    Posts
    3,323
    Thumbs Up
    Received: 22
    Given: 13
    a good system will bring us to have a good income in this business and we must to have a consistency to run our system and don't break it, all our plan at in there and we just enough follow it, profit and risk have been calculated. most of trader loss not because their system but they can not control themselves during trade.

    Not allowed!

  11. #2790
    Trader
    Join Date
    Apr 2019
    Posts
    905
    Thumbs Up
    Received: 1
    Given: 0
    Quote Originally Posted by Batavia View Post
    a good system will bring us to have a good income in this business and we must to have a consistency to run our system and don't break it, all our plan at in there and we just enough follow it, profit and risk have been calculated. most of trader loss not because their system but they can not control themselves during trade.
    Yeah for bringing the good outcomes is always need the good trade systems so here is the need to make the stronger trade systems which will do the whole process more accurately so to have the right skills and having the good knowledge on the related trade system will give us surety to define the trade process erectly and gain success more effectively .

    Not allowed!

Page 279 of 286 FirstFirst ... 179229269275276277278279280281282283 ... 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
  •