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No system works all the time
Dec 31, 2020 at 13:29
No system works all the time. You have to adjust or modify it according to the changing market condition. If you can learn how to control your emotion while trading, it will give you good results. And modify your system according to your trading personality and be realistic.
Mitglied seit Jul 19, 2020
283 Posts
Dec 31, 2020 at 13:48
Consistency is the brick of success. It helps gradually to build your account. To be successful for long term we need to be consistent in profit making. Random trading can't help us to be successful.
Mitglied seit Jul 23, 2020
696 Posts
Dec 31, 2020 at 17:14
I agree. Market are changing continuously. In 2020, we saw many unexpected events and price movements.
Jan 01, 2021 at 05:47
No one has ever got success in trading by borrowing strategy. A strategy becomes successful when it is well tuned with you trading personality and emotions. Trading is not an easy task to do You have to do a lot of research and experiment to find a working strategy.
Mitglied seit Oct 26, 2020
27 Posts
Jan 08, 2021 at 05:23
There is no system that can guarantee successful results all the time. No matter how hard you try, you will make losses. That’s the ultimate truth and that’s what makes you a better trader.
Mitglied seit Oct 26, 2020
30 Posts
Jan 21, 2021 at 09:40
Yes, the volatility affects every trader and their trades. This is something no one can actually escape and they have to work according to the market conditions.
Mitglied seit Sep 15, 2020
20 Posts
Jan 22, 2021 at 00:00
The market always changes, sometimes it's trending with low volatility, and the next month it will move sideways with high volatility.
Spotting the market changes is crucial to becoming a good trader.
Spotting the market changes is crucial to becoming a good trader.
Jan 22, 2021 at 08:13
In reality, there are people who think that if they developed a system and it brought in income at the same time, it will continue this way And then, but this is an erroneous opinion, because the system needs to be changed over time to each strategy
Mitglied seit Jan 22, 2021
132 Posts
Jan 25, 2021 at 12:05
Nothing is permanent. Not even strategies that we make for our trades. We must change our strategies with the market volatility. There is no such system that automatically adjusts to your trades. You will have to keep yourself updated every minute to book profits.
Jan 27, 2021 at 12:25
I think we should not follow a strategy blindly. A strategy working for one may not working for others due to different trading personality. Everyone has different psychology. In my opinion best option is customize a strategy according to your trading personality.
Mitglied seit Dec 15, 2020
16 Posts
Feb 23, 2021 at 04:09
That is right. Not every system will work every time and there is a constant need for modification.
Mitglied seit Dec 17, 2020
9 Posts
Mar 17, 2021 at 09:57
That’s right. Every system is in need of some modifications from time to time.
Mitglied seit Sep 12, 2017
232 Posts
Mar 24, 2021 at 08:41
not sure for system means here but the strategies needs to be changed everytime depending on the market condition.
