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    Super Moderator RoboForex Trader's Avatar
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    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.

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    Registered user mexima's Avatar
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    well method is the package of all the material which you need to trade for good profit like it contain the strategy which can have moving average or a set of indicator and that mixture can make a algorithm so enter or exit of your trade and last think is about money management this is also help you to minimize your loss more than profit .

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    Registered user Rylai's Avatar
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    Trading system is the core thing every forex traders must create to fully understand this business and able to make profits. well, since forex trading isn't all about making money, we must also put the understanding inside our trading system to control our losses so we won't risk more money in market and limit everything properly at its safe places.

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  4. #2693
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    the trading system for me is the group of orders I will think of of as soon as I look at the charts . then these orders can turn into rial orders in the form of selling or buying the price thus the market can be easier according to previous thinking of the market and will be ready to get any un expected matters happens in the market to my trades

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  5. #2694
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    Quote Originally Posted by Abu George View Post
    the trading system for me is the group of orders I will think of of as soon as I look at the charts . then these orders can turn into rial orders in the form of selling or buying the price thus the market can be easier according to previous thinking of the market and will be ready to get any un expected matters happens in the market to my trades
    market is never easy we can work hard but the issue is when we place order we place according to our analysis but market maker always go opposite to us, so we need to understand this trick, most of time when market looks simple and easy on that time market move opposite quickly, so its not simple and easy we must need to be careful about market otherwise we can lose big or all

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    Registered user mexima's Avatar
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    trading system is not just a strategy.. it is mixture of al the thing which you need to use during the trading like money management and trading strategy now the most important thing is that you don't have to use standard strategy you need to update that strategy as according to your experience and market condition .

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  7. #2696
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    Quote Originally Posted by mexima View Post
    trading system is not just a strategy.. it is mixture of al the thing which you need to use during the trading like money management and trading strategy now the most important thing is that you don't have to use standard strategy you need to update that strategy as according to your experience and market condition .
    no doubt this is my point like if we have both we can do good but if we miss one of them still we can not do good, so i recommend you to learn trade but make sure you have other factors also in trading, just a strategy is also not enough, for good trades we need of wait, our patience is one important factor, if you are doing this then make sure you do not have greed in trades, because greed will ruin your orders but move slowly with some limited lots

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  8. #2697
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    A trading system is that which directs a trader on what to do when they are trading the market. More like the trader being able to handle the market and trade in a more better profitable way. A trader who has a good trading system and then has the appropriate behavior when trading the market is more much closer to being profitable good trader who knows what they can make from the market.

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  9. #2698
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    for many of us the trading system can be the group of the tools which can be used in order to get us understand the market well and know how to find the real points to enter and exit the market with many reasons fro understanding from where the loses has come . also the best points to enter and exit with the most suitable points to locate stop loss and take profit orders

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    Registered user Toyen's Avatar
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    Quote Originally Posted by Makaveli View Post
    A trading system is that which directs a trader on what to do when they are trading the market. More like the trader being able to handle the market and trade in a more better profitable way. A trader who has a good trading system and then has the appropriate behavior when trading the market is more much closer to being profitable good trader who knows what they can make from the market.
    You get it right, our trading system is what will direct us alright. With the right trading system, traders will know what to do at all time, they will know the time to trade and the time not to trade. The trader will know the volume of risk to use and the management that will follow it up. That is the way i know that a good traders can be known, we likewise have to train to get that achieved.

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    This is a developed method that is proven with the demo to help us build a strong and winning trade. Having a good strategy is important and with this system we can however understand what should be done and follow such trade for a more effective one. A trading system can help us here and we should do everything it would take to build one that will lead us to success. Without a system we will face huge chance to loose here and its likely to be difficult.

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