Design your own trading system with some useful and important steps - Page 284
Page 284 of 286 FirstFirst ... 184234274280281282283284285286 LastLast
Results 2,831 to 2,840 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. #2831
    Trader
    Join Date
    Mar 2019
    Posts
    711
    Thumbs Up
    Received: 0
    Given: 2
    Good we develop the right profitable approach to design a profitable system that will give us a high level of making profits from forex. A good system is one of such means to make profits and we should plan well on how to manage this system to see we can achieve our goals. Identify your risk and try to manage it so we can survive when we make good entries by following of our trading signals.

    Not allowed!

  3. #2832
    Trader
    Join Date
    Dec 2018
    Posts
    3,180
    Thumbs Up
    Received: 8
    Given: 7
    Through our learning skills and knowledge well all important aspects to trade rightly with making the well define trade system so we must make own trade system very well and through the experience and erect trade skills will evolve the better change in our plans and we can attain maximum chances of success surely .

    Not allowed!

  4. #2833
    Trader
    Join Date
    Jan 2018
    Posts
    595
    Thumbs Up
    Received: 1
    Given: 0
    I believe that the best traders will be looking for the best strategy and the time frame which could be used successfully for accurate prediction of that strategy. There are a lot of things that are attached to the creation of a trading system because the trading system of any trader is the master plan of the trader to do everything they need to do in the market for getting desired results.

    Not allowed!

  5. #2834
    Trader
    Join Date
    Oct 2017
    Posts
    2,838
    Thumbs Up
    Received: 12
    Given: 16
    These steps will help us to construct a good trading system that will help us to make money in the market easily, the forex market is risky and the only way for us to achieve success is for us to construct a good trading system with the right system we can trade and make money in the market, so we should follow this steps to construct a good trading system.

    Not allowed!

  6. #2835
    Trader
    Join Date
    Jul 2017
    Posts
    4,292
    Thumbs Up
    Received: 17
    Given: 1
    There are some strategy that are easy to design while some are very difficult, it all depends on the way each forex trader has choose to approach trade, that is basically what would be responsible for the success or failure that we are going to be encounter at the end of the day, design your strategy after you practice because that is where the knowledge comes from.

    Not allowed!

  7. #2836
    Trader
    Join Date
    Apr 2018
    Posts
    3,659
    Thumbs Up
    Received: 29
    Given: 13
    Designing our own trading system is a strong part of trading which is important to the success we can make as we trade. It is everyone that are complaining about the forex market when they just come to trade, but that stops in the moment they are able to discover a working strategy, they can now start to praised the market. Learning remains the solution to this and we have to know how to use what we learned likewise.

    Not allowed!

  8. #2837
    Trader
    Join Date
    Apr 2018
    Posts
    760
    Thumbs Up
    Received: 2
    Given: 0
    I like to trade with a good trading system and If you are know how to choose a best trading system and work with it. Every successful traders behind a good trading system because a good trading system help traders t get the market movement and its trend and to follow that trend traders are earn good profit on their trading.

    Not allowed!

  9. #2838
    Trader
    Join Date
    Nov 2018
    Posts
    668
    Thumbs Up
    Received: 1
    Given: 0
    Your trading system is a special technique created to trade forex and have what it takes to make profits. We should learn on how to design the right trading system for ourselves and we should be ready to plan on making the best choice of trading good. I believe good system matters and this is what we need to see we can establish to make good success and have the profitability to manage our risk very good.

    Not allowed!

  10. #2839
    Trader
    Join Date
    May 2018
    Posts
    6,459
    Thumbs Up
    Received: 38
    Given: 4
    When we want to trade with a strategy we designed, it makes trading quite simple because then we will understand how to navigate our way especially when there are challenges, but if we don't use the right mindset for it, that is when we will encounter losses, you can easily make money if you are the one with design the strategy, this is why we should endeavour to do this.

    Not allowed!

  11. #2840
    Trader
    Join Date
    Jan 2019
    Posts
    1,189
    Thumbs Up
    Received: 3
    Given: 0
    While learning and getting to have a trading system, it is so much important that you know how to make sure that you are planning on making use of risk management. It is so much important, when you don't make use of risk management in your trading strategy. Be sure to encounter as much as possible losses. In a nutshell, what really do make up a trading strategy is the risk management.

    Not allowed!

Page 284 of 286 FirstFirst ... 184234274280281282283284285286 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
  •