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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. #2671
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    Before the trader gets to become a good profitable trader it will take a whole lot of their time. Success doesn't come in that simple way, you have got to always learn, use the demo account to improve your self, that is how a trading strategy is been designed, however the main way of developing your trading strategy is to make sure that you are been able to learn from experience.

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  3. #2672
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    It's very important that we put in the best time to manage our system and seek on how we can have a sustainable amount of profits in the right time. Here it's very important we manage our system and seek in the chance to come up with more better profits in trading. Our system here can enable us to earn so much and we should be very ready to see we build a more dependable system here. We must design the right system and do well to work on managing our account.

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  4. #2673
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    Quote Originally Posted by Tonycee View Post
    It's very important that we put in the best time to manage our system and seek on how we can have a sustainable amount of profits in the right time. Here it's very important we manage our system and seek in the chance to come up with more better profits in trading. Our system here can enable us to earn so much and we should be very ready to see we build a more dependable system here. We must design the right system and do well to work on managing our account.
    When we have a system then it itself is capable to guide us how to manage our trading, the thing is we implement the system with clear thinking. The most important thing for successful trading is that the trader knows what he is trading and knows what he is risking. There are many good strategies already out there, practice is what makes the difference, with practice we know how to derive the right signals from a strategy.

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  5. #2674
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    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.

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  6. #2675
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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.
    For a good personal trading system we need a good personal strategy. And then when we have a strategy we should try to use it with less risks so that we can protect our money too. Those who are not well prepared with a risk management system or are expecting to make profits in all their trades will not be doing well here. We are here to earn and for that we should increase our Forex knowledge.

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  7. #2676
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    If we want to design the trade system very accurately then we can use own right working skills and good experience as well that important ways for winning money very surely and on the basis of experience and good learning powers also important in this regard and through the better skills and good understanding are involved in making success very surely .

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  8. #2677
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    To design own strategy is not an easy thing to do, there are a lot of traders who find it very difficult to trade in the market, without the right experience and skills of trading in the market it's very difficult fori someone to trade and make money in the market, and it will be also hard to design own strategy until he or she learn and acquire a good experience and knowledge on how to trade.

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  9. #2678
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    We should have a strategy and patiently build our trading system and then we can expect profits in Forex. When we have a strategy it will be easier for us to decide the things like when to make a trade and when to exit. So, first thing is we realize our trading style and preferences and then build a trading system that can help us earn.

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  10. #2679
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    you have done this all into some lines but when we do this into practical life it takes time, it takes our hard work and attention as well, so this looks like simple but in real trading its not easy, for this we need to work on demo, we need to get good expert traders for opinions then we can get right track for success otherwise newbies can not know what is good for him

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  11. #2680
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    In an attempt to design ones strategy, finding the right indicator is the most difficult, I can remember when I started traded, things were not so easy because l was looking for the best indicator that can do the job but unfortunately, that took a while and even at that, I experienced many losses because the discipline was not really there to trade well.

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