Do all losses come from contrarian trends, and how to build your own trading system?

Updated on Financial 2024-03-22
3 answers
  1. Anonymous users2024-02-07

    The important thing for successful investment is not how strong and good your tools are, but whether you can use your trading tools well. In fact, on the road to the dream of wealth, the most effective strategy is to focus and stick to a good trading system, to believe that concentration and persistence can produce incredible power.

    If you want to build your own trading system, it's crucial to understand how indicators work and what they do. Many times, traders use multiple indicators to display the same information, making it redundant. In addition, using such indicators can also clutter up your charts.

    It's also good to have a firm grasp of the indicators you want to use and focus on the technical ones you particularly like.

    By focusing on all the tools available for trading, you will eventually get confused and realize that your trading strategy is not working. Instead, focus on only a few trading instruments and learn more about their characteristics. This will help you familiarize yourself with the instrument or symbol and will also help you understand the drivers of volatility.

    The most important part is to choose the time frame in which you are going to make the maximum trade. Some people prefer the 5-minute chart, while others prefer the 4-hour chart. No matter what the time frame, it's important to choose and stick to it.

    Although you can apply a multi-timeframe analysis method, you will eventually choose your preferred timeframe to trade. Your trading system should also fit the time frame you choose.

    Do you want your trading system to catch market trends, or do you want to make steady and fast profits? This question is crucial and will help adjust your trading strategy. Since each method requires a different method, this means that you need to consider using different indicators, and even means that you have to look at different symbols, because not all symbols have the same characteristics.

    Once you have the basics, give your trading system some time. During this time, learn to understand weaknesses and adjust the system accordingly. Ideally, adapt your trading system to a variety of market conditions.

    As a trader, it's important to be patient and give your trading system a lot of time. Keep in mind that even the best trading system can cause losses, no matter how many years you've been trading with that system. Therefore, it is important to maintain the right expectations and focus on risk management.

  2. Anonymous users2024-02-06

    It is certainly impossible to establish your own trading system, because the trading system must be absolutely fair and just, if you just want to blindly make a profit without facing losses, this is obviously impossible, and this kind of trading system is also illegal.

  3. Anonymous users2024-02-05

    There is a problem with the system or the execution is not strong.

    The execution is not strong: it does not belong to the system, always do it. The system gives a signal but does not dare to do it, and the system does not give a field signal and does not dare to take it.

    If you get it right once, you can lose at least seven or eight wrong times.

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