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

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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. #2451
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    i guess for traders who have mastered well the trading basic to analyze the market and so they will understand how to build own trading system or design it based on the needs, means, they know some points as weakness and how to complete them and even to develop them till the trading system is suit for them and that will give them the best way for trading . but i see this can happen to them who have enough skill and experiences, and so they know some points to start and design it

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    Registered user sniper007's Avatar
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    For the fact that this is business and then we all are looking forward to being a good profitable trader who can earn from the market. I think having a trading strategy is the most necessary thing to be done, a good way of also making sure that we have the simple best trading strategy is that we get to learn and follow the demo account in building the trading strategy.

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  4. #2453
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    Design any trading system to identify the market does't simple way for trader you have need to good understandingand learning about all powerful trading tool well then trader make any simple strategy for trading and make good profit or loss in it. Forex breakout, black dog, arrow based trading system these all are perfect and reliable for trading.

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  5. #2454
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    this is very useful thread of the trading , we can make our own strategy if we are expert in the trading and know all the best way of the trading , well experience is also important in the trading then we make some strategy of the trading . trend is very important to make some money in the trading and use the best indicator which help to make the good profit .

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  6. #2455
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    We must be capable of doing own trading ideas because until we are able to make own trade we are not a successful trader , working in market with right use of strategies will always help trader to get success , trend line is also we found simply if we have enough practice in trade and spend our maximum time for analyzing price movement .

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    Registered user Goldenstein's Avatar
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    Quote Originally Posted by fahaddd View Post
    We must be capable of doing own trading ideas because until we are able to make own trade we are not a successful trader , working in market with right use of strategies will always help trader to get success , trend line is also we found simply if we have enough practice in trade and spend our maximum time for analyzing price movement .
    after we can make our own trading, it is not the only rule to define us as a good forex trader. working well and patiently with our own trading system will teach us how to do things well, safely, and focus on steady performance. not to mention about the quantity of profits because we will seek for improving skills to trade with our strategy. the easier we analyze market with more knowledge, the more profitability we can get.

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  8. #2457
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    If we design own working systems we will see the market is too good and we can control all its moves too so we have to introduce a best ever working system which entirely based on our experience and the knowledgeable aspects that are important for keeping our trade far from any uncertain conditions and helpful to making the profits a lot .

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  9. #2458
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    It's good to develop own strategy but it wouldn't be easy for many, but when you are seriously to develop one you need to develop the right basics and follow the steps to develop the strategy, you need to make sure that you understand the market and what it takes to develop a good strategy before you even try to develop one. So that you won't build what willing destroy you with your own hand.

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  10. #2459
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    You need to learn and build your trading strategy with the right approach to being successful. Because in forex trading market, it takes much experience to become successful and profitable actually. If we want to earn then one needs a strategy and a strategy wouldn't get to all profitable all of a sudden. Because there has to be some learning going on and with time and more experience comes more successful means of trading.

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    Registered user sniper007's Avatar
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    Quote Originally Posted by learner View Post
    If we design own working systems we will see the market is too good and we can control all its moves too so we have to introduce a best ever working system which entirely based on our experience and the knowledgeable aspects that are important for keeping our trade far from any uncertain conditions and helpful to making the profits a lot .
    You are wrong, there is no way we can control any moves in the market, having a good trading strategy only gets to help us to take good trades and not control the market. Even at the use of the best trading strategy, we still will loss our money as well, but when we have the discipline, then we can come up with good trading decisions.

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