Current Location:Home||Do trading systems that others share out work or not

Do trading systems that others share out work or not

{}Posted in2023/2/24 18:20:16 | 5Browse

First of all, my opinion: in most cases, fxrebatecentral for most people, rebatesforexbroker forexrebatecommissions simply do not matter! First of all, two concepts need to be clarified: trading philosophy and trading system trading philosophy best forex rebate company a traders principle or logic for trading in the market, for most successful traders, the philosophy is a belief, beliefs do not often change; while trading system is a specific trading tool developed by the trader on the basis of trading philosophy, tools may not always be the same, and bestforexrebatecompany even change for the majority of long-term For the majority of successful traders, the system should be developed from the idea, not the other way around, just like in mathematics, using the deductive method, a seed can be deduced from a myriad of possibilities, the root of which is in the seed; while using the inductive method, you can be correct 1000 times in a row, but may become a turkey at Christmas for the 1001st time. For the vast majority of people, I believe that trend following is still the most likely direction of success So how do you explain the trend following trading concept? Simply put, the trend following concept is that the market is in the shock period (subjective) when a small loss, to ensure that no bones are broken, and in the trend (also subjective) to make a big profit when you rely solely on the above-mentioned trading concept, is very difficult to achieve long-term stable profits in the market because you do not know cashback forex time is the beginning of the shock, what time is the end of the shock, what time is the beginning of the trend, what At this point, you may need a grounded trading system, which is actually a standard, to achieve your trend following concept This trading standard can be a technical parameter, can be a certain pattern, can be a certain line, can also be the most direct price, you rely on this standard to determine what time is the beginning of the trend can enter, what time is the end of the trend and then out of this criterion you can not be 100% correct, and even most likely will be wrong in most of the times to a single transaction profitable or not the results of the theory of – but, after the trend comes, you will find that perhaps only 30% of your transactions are profitable, but overall, you still make money in the use of different criteria for trading, as far as you are using different The difference between the technical indicators, or even the same technical indicators with different parameters, is only that the early entry one corresponds to the early exit one, or late entry one corresponds to the late exit one in the long run the trading results are convergent so, what is the standard of trading is not important, but it is important to have a standard So why would someone share their good trading system? I think that there are many selfless traders who have received many favors from their predecessors on the way to growth (either in person instruction or divine friendship with the sages) and have the intention of repaying the legacy but, although it is said that there is nothing magical about the various factors of a trading system, it is just the use of a certain standard to define the beginning and end of the trend to determine entry and exit, supplemented by certain betting strategies but the system is honed by the developer himself. The developer of a trading system that suits his personality and that he can willingly accept is most familiar with his system, what kind of market is necessary to willingly lose some, what kind of market can be earned, what is the approximate success rate of trading, how big your position will correspond to the approximate rate of retraction, what is the approximate probability of your retraction, etc., etc., all of these will be well known but for a person who first sees this trading system The first time you see the trading system, it may be unknown, so you can easily in the system occurred when the normal period of non-performance, you can not determine whether this is normal, or the system failed, and thus often bear the cost of shocks when adhering to the dawn of the trend before leaving the trading system is a bit like the respective captive hounds, you see other traders holding hounds to catch a lot of prey, but if You are holding someone elses hounds but may not be under your command, and the opposite of the backlash so, others good trading system, you can learn from, but not plug and play, still need to know what it is and know what it is
Popular Articles
Random Reading
Links