What is a trading system? - Page 271
Page 271 of 271 FirstFirst ... 171221261267268269270271
Results 2,701 to 2,704 of 2704

Thread: What is a trading system?

  1. #1
    Super Moderator RoboForex Trader's Avatar
    Join Date
    Dec 2012
    Posts
    489
    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. #2701
    Trader Sascha's Avatar
    Join Date
    Dec 2013
    Location
    Racoon City
    Posts
    3,618
    Thumbs Up
    Received: 67
    Given: 58
    Quote Originally Posted by Tonycee View Post
    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.
    trading strategy is a part of trading system which it's including everything we have to help us trade, make money, measure our target, control our risk, and to establish a good trading with stable psychology. all of that should be included inside our trading system, that's why to make one that suitable for us is going to cost us a lot of time and sacrifice many things.

    Not allowed!

  3. #2702
    Trader Sixteen's Avatar
    Join Date
    Sep 2015
    Posts
    12,155
    Thumbs Up
    Received: 141
    Given: 68
    This consist of all procedure needed to build a profitable trade. So when we say we are creating a trading system, we are looking to create all it would take to make the right trade at the best time and see that we can earn good profits from such outcome m. We can earn here with the right strategy and surely from our zeal to develop a winning trade, we would be able to make profits from the market. I always see system as important in forex and no good trader can make success once they lack this system.

    Not allowed!

  4. #2703
    Trader
    Join Date
    Oct 2017
    Posts
    5,090
    Thumbs Up
    Received: 45
    Given: 55
    A trading system is the method and means by which the trader can trade the market. You need to have some set of rules that you follow, so when you have a trading system it means that you have establish those set of rules, whereas knowing what you should do and then what you shouldn't do, it also includes the risk management the trader should adhere to.

    Not allowed!

  5. #2704
    Trader
    Join Date
    Aug 2015
    Posts
    12,807
    Thumbs Up
    Received: 122
    Given: 24
    Quote Originally Posted by Striker$ View Post
    A trading system is the method and means by which the trader can trade the market. You need to have some set of rules that you follow, so when you have a trading system it means that you have establish those set of rules, whereas knowing what you should do and then what you shouldn't do, it also includes the risk management the trader should adhere to.
    this is easy way to get, people think for this we need of hard work but this is true but i believe if we give it time, if we give it time proper attention automatically we can learn it, just make sure you have evaluation process, if we learn from every order it tell us how to do and what to do, we can not survive if we do not have proper learning technique, so work properly and give it importance, system can give us proper reasons to earn

    Not allowed!

Page 271 of 271 FirstFirst ... 171221261267268269270271

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •