What is a trading system? - Page 269
Page 269 of 270 FirstFirst ... 169219259265266267268269270 LastLast
Results 2,681 to 2,690 of 2700

Thread: What is a trading system?

  1. #1
    Super Moderator RoboForex Trader's Avatar
    Join Date
    Dec 2012
    Posts
    489
    Promo (¢)
    0
    Thumbs Up
    Received: 142
    Given: 33

    What is a trading system?

    Trading system is a set of tools, rules and algorithms, that will help trader achieve profitability. Whatever combination of tools can be used as a signal – candlesticks combinations, news, indicators and so on. There are no limitations there, trader has flexibility here. The main demand – trading system should have an edge and generate gross profit exceeding gross loss.

    Trading system should be described so, that trader should exactly know how to act in different situations. Trader should stick to his rules and not to break it, otherwise result will be unstable.

    Trading systems can be divided on two groups:

    MTS – Mechanical trading system. Trader executes signals that his system provides, manually. Most popular mechanical systems are based on indicators, but there are some them that even employ news to create a signal.

    ATS – Automatic trading system or robot. It is an algorithm that automatically executes every trading signal. Most automatical systems are based on indicators. There are robots that employ Martingale and locks.

    System consists of:

    1. Strategy (the most important)

    2. Set of rules for entry and exit

    3. Money management (optimizing losses and increasing profits)

    All factors above are used in the exact sequence. Also, it’s important to avoid «over-optimization» and not to fit your parameters to price action from the past to create perfect trading system. Market will change and all optimized trading systems tend to «break» and generate random results after that.

    Not allowed!

  2. #2681
    Rookie
    Join Date
    Jun 2017
    Posts
    6,262
    Promo (¢)
    5,640
    Thumbs Up
    Received: 46
    Given: 17
    For beginner trader system are keys to everyday getting success on this business but he can need to taking a lot of experience and knowledge about these all trading strategy or method well after it you can make simple or strong successful strategy for trading and increase everyday some pips good profit or loss from market. Black dogs trading system now these days very useful and effective for beginner to getting success on this business.

    Not allowed!

  3. #2682
    Trader
    Join Date
    Oct 2018
    Posts
    2,066
    Promo (¢)
    1,440
    Thumbs Up
    Received: 10
    Given: 6
    Quote Originally Posted by biru View Post
    For beginner trader system are keys to everyday getting success on this business but he can need to taking a lot of experience and knowledge about these all trading strategy or method well after it you can make simple or strong successful strategy for trading and increase everyday some pips good profit or loss from market. Black dogs trading system now these days very useful and effective for beginner to getting success on this business.
    every day can give us more knowledge and experience but it not give us money every time, some time we get loss some time we earn, so if in total we are earning its our success, profit and loss both are based on our analysis, what we have learned and how we are using it, if we are greedy we can not trade securely but if we are normal trader i am sure one day we will get success

    Not allowed!

  4. #2683
    Rookie Toyen's Avatar
    Join Date
    Apr 2018
    Posts
    6,638
    Promo (¢)
    9,020
    Thumbs Up
    Received: 39
    Given: 13
    Trading system is the overall trading pattern of forex traders, the trading system must be simple and powerful to make analysis and defend the trading account of the trader using it. There are thousands of trading systems in the market, traders have to be ready to train so that he can build the good trading system, and that traders must be ready to work with the trading system along with the plan that will make the work of the trading system successful.

    Not allowed!

  5. #2684
    Trader
    Join Date
    Aug 2015
    Posts
    12,224
    Promo (¢)
    8,880
    Thumbs Up
    Received: 121
    Given: 24
    Quote Originally Posted by Toyen View Post
    Trading system is the overall trading pattern of forex traders, the trading system must be simple and powerful to make analysis and defend the trading account of the trader using it.
    you have well said because we need to do both things we need to secure account we need to earn as well, so for securing account we need to use some management and for earning we need of good analysis, so if we have both we can earn but if we have miss one thing we can lose, so its better to learn trade and make sure we have all aspects which can be good, learning from every order can teach us all good and bad things about trade

    Not allowed!

  6. #2685
    Trader
    Join Date
    Mar 2017
    Location
    Biafra
    Posts
    11,102
    Promo (¢)
    12,120
    Thumbs Up
    Received: 58
    Given: 20
    A trading system is what will enhance our trading and can be that which we can depend on to trade forex. A good trading system is what gives us the possible chance to follow the right trade that will bring about more successful trade for us. Having a system is important and its what will however give us the chance to make profits continuously and be hopeful we get to achieve success. Without having this system, it will be very difficult to make profits and traders would trade without direction and make loss.

    Not allowed!

  7. #2686
    Rookie Azis Muslim's Avatar
    Join Date
    Sep 2013
    Posts
    5,382
    Promo (¢)
    2,050
    Thumbs Up
    Received: 278
    Given: 190
    Quote Originally Posted by naeem555 View Post
    you have well said because we need to do both things we need to secure account we need to earn as well, so for securing account we need to use some management and for earning we need of good analysis, so if we have both we can earn but if we have miss one thing we can lose, so its better to learn trade and make sure we have all aspects which can be good, learning from every order can teach us all good and bad things about trade
    All that is reliable is to leave everything to our trading system where we can use all important aspects from it, starting from money management, trading strategy, psychology control, etc. Only time and experience shall answer our issues in trading and soon every single cents we lost during our trading in the past will be recovered in time once we have the preparation complete with our knowledge and experience, in a form of good trading system.

    Not allowed!

  8. #2687
    Rookie
    Join Date
    Jul 2014
    Posts
    6,756
    Promo (¢)
    2,160
    Thumbs Up
    Received: 106
    Given: 66
    Quote Originally Posted by Azis Muslim View Post
    All that is reliable is to leave everything to our trading system where we can use all important aspects from it, starting from money management, trading strategy, psychology control, etc. Only time and experience shall answer our issues in trading and soon every single cents we lost during our trading in the past will be recovered in time once we have the preparation complete with our knowledge and experience, in a form of good trading system.
    In trading with positive mindset we need a good trading system. When we are equipped with a good trading system we are in a better position to handle the up and downs in the market and also in our trading. And when our mindset is strong we can abide by our trading system and dont make unnecessary mistakes that can bring losses. Our trading system is nothing but the set of rules and strategies that enable earning money in Forex.

    Not allowed!

  9. #2688
    Rookie Sascha's Avatar
    Join Date
    Dec 2013
    Location
    Racoon City
    Posts
    3,394
    Promo (¢)
    1,100
    Thumbs Up
    Received: 62
    Given: 54
    Quote Originally Posted by Abhishekwala View Post
    In trading with positive mindset we need a good trading system. When we are equipped with a good trading system we are in a better position to handle the up and downs in the market and also in our trading. And when our mindset is strong we can abide by our trading system and dont make unnecessary mistakes that can bring losses. Our trading system is nothing but the set of rules and strategies that enable earning money in Forex.
    usually a trader which has positive mindset, he/she has everything placed and ready to use for real and better trading. a system which most traders are talking about are everything we learn and put into one place so we can easily apply them to market and help us analyze market to get the ideas. each patterns in market represents different signals we can use for our next trade, after it's confirmed accurate by our trading system.

    Not allowed!

  10. #2689
    Rookie
    Join Date
    Nov 2017
    Posts
    5,253
    Promo (¢)
    0
    Thumbs Up
    Received: 34
    Given: 87
    A trading strategy is a method and means by which every one trades in the market. Being that forex trading is a business and also somewhat complex, which means that the trader has to be careful, it is needed that the traders gets to have a good trading strategy that they should really understand and know how to make use of to help them trade effectively.

    Not allowed!

  11. #2690
    Rookie
    Join Date
    Jul 2014
    Posts
    6,756
    Promo (¢)
    2,160
    Thumbs Up
    Received: 106
    Given: 66
    Quote Originally Posted by Real View Post
    A trading strategy is a method and means by which every one trades in the market. Being that forex trading is a business and also somewhat complex, which means that the trader has to be careful, it is needed that the traders gets to have a good trading strategy that they should really understand and know how to make use of to help them trade effectively.
    Prudent traders trade by learning a trading system and following it while reckless traders trade on chance or luck. A trading system is a combination of strategies and rules of trading and Forex is not so simple that we can have a good system right at beginning level. Forex has huge earning possibilities but we can earn as much as we are capable in this business.

    Not allowed!

Page 269 of 270 FirstFirst ... 169219259265266267268269270 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
  •