Category: Money tips Release Date: 2006-04-30
What are the system
Are traded in the stock market had two or three years, almost has their own methods of transactions.
There was a master of the use of wave theory, and talked with me, he said he frequent price fluctuations that can predict the level of points, and therefore profit. But on the whole transaction is not very satisfactory results.
In-depth conversations later, I found his whole system, there are some problems. For example, he did not know when he's forecast error, it should do? When to get a buy signal when the amount of funds should be used? What time should Opening or what time should take profits?
Most of the students in my study when I started to almost have some practical experience, in fact, many people with very good grades. However, the systemic aspects of the transaction, there are obvious gaps.
Take the wave in front of master, he should seriously ask themselves, how to organize all the items together? In addition to market analysis than you what is missing? Obviously, the lack of things hinder long-term stability of your profits. Your trading methods, suitable for you? It is not your ability to grasp the way? Whether the fit of your speculative goals? Whether it is consistent with your personality?
If you want long-term stability of earnings, then the whole transaction should be a process, but by no means simply a forecast, or an entire warehouse to buy. During which at least include:
1, to determine how to deal with errors?
1, the largest loss can be controlled to what extent?
1, time to recover to buy? What time does the profit-taking?
1, the market presence of non-human factors, how to deal with?
1, the expected goal is how much? Satisfied?
1, when the market after the price changes, how to modify their trading plan?
Most traders have a strong desire in mind, that is, every transaction that they are correct, but the sensible to think about Wall Street's top traders in the decade, the average correct rate is only about 35%, you What could be achieved? Are you now, than they are good?
On the other hand, most speculators believe that a leading market, Magic: an indicator of a form,
Or a mechanical trading system, they also affirmed a small number of people are using the Internet I've seen the ------- At 24 million, a formula is said to be ever-victorious ------ - their efforts to reveal the secret of this magic, to profit from this.
Is simply a joke.
The market is really profitable long-term stability can be an alternative?
The correct answer is yes, but the answer lies in your own body.
I can clearly tell you: the success of a trade secret is to find a suitable for your trading systems. The non-mechanical trading system is suitable for your own personality, good deal of thought, careful market analysis and the overall operation of the program.
Trading system, or method of system trading is the profit you are the right way to long-term stability.
