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Should I have confidence in my trading system?
Oct 27, 2021 at 06:44
Mitglied seit Sep 29, 2021
2 Posts
Does technology matter in the foreign exchange market? It must be important, otherwise you don't even have the qualifications to trade, but if you know the technology, will you be able to make money? Not necessarily, you have to run in your own system and achieve a certain level of trust.
There is no perfect trading system in the world, but there is a profitable trading system, because the market is multi-dimensional, this is one of the dimensions I look at the market, but it is the most suitable for most people to learn to use and profit from the market A system.
However, the twenty-eight rule of the market has always been in effect. Even if profitable technology is placed in front of the public, it is difficult to change this market law, because more than 90% of people are participating in the fun, and would rather believe in the dream of foreign exchange MLM. I don't want to spend time on my own to learn real technology.
The most important problem to be solved is to polish the details of the system and establish a sense of trust in the system, because only by trusting your own system can you finally get the fruits of victory from the market. Losing confidence and swaying left and right like this, the gods are also very embarrassed.
There is no perfect trading system in the world, but there is a profitable trading system, because the market is multi-dimensional, this is one of the dimensions I look at the market, but it is the most suitable for most people to learn to use and profit from the market A system.
However, the twenty-eight rule of the market has always been in effect. Even if profitable technology is placed in front of the public, it is difficult to change this market law, because more than 90% of people are participating in the fun, and would rather believe in the dream of foreign exchange MLM. I don't want to spend time on my own to learn real technology.
The most important problem to be solved is to polish the details of the system and establish a sense of trust in the system, because only by trusting your own system can you finally get the fruits of victory from the market. Losing confidence and swaying left and right like this, the gods are also very embarrassed.
Mitglied seit Mar 17, 2021
536 Posts
Mitglied seit Jan 13, 2021
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Mitglied seit Jul 23, 2020
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Mitglied seit Jun 17, 2021
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Nov 10, 2021 at 05:17
Mitglied seit Jun 17, 2021
46 Posts
As you said, the market is multidimensional so working on just one dimension won’t bring you victory. However, having confidence in the system you are applying is extremely important. You become confident when you know that you’ve backtested the system successfully and there were no faults. It also helps to trade with the right mindset.
Mitglied seit Jul 23, 2020
759 Posts
Mitglied seit Oct 15, 2021
8 Posts
Nov 11, 2021 at 20:06
Mitglied seit Oct 15, 2021
8 Posts
Crosta posted:
Does technology matter in the foreign exchange market? It must be important, otherwise you don't even have the qualifications to trade, but if you know the technology, will you be able to make money? Not necessarily, you have to run in your own system and achieve a certain level of trust.
There is no perfect trading system in the world, but there is a profitable trading system, because the market is multi-dimensional, this is one of the dimensions I look at the market, but it is the most suitable for most people to learn to use and profit from the market A system.
However, the twenty-eight rule of the market has always been in effect. Even if profitable technology is placed in front of the public, it is difficult to change this market law, because more than 90% of people are participating in the fun, and would rather believe in the dream of foreign exchange MLM. I don't want to spend time on my own to learn real technology.
The most important problem to be solved is to polish the details of the system and establish a sense of trust in the system, because only by trusting your own system can you finally get the fruits of victory from the market. Losing confidence and swaying left and right like this, the gods are also very embarrassed.
Regulation is necessary to avoid forex scams where you could lose money when trading or people can dupe you along with the technology.
Mitglied seit Aug 10, 2021
178 Posts
Nov 12, 2021 at 01:48
Mitglied seit Aug 10, 2021
178 Posts
The mindset of a trader plays a crucial role in determining a trader's success in forex. In order to develop skills as a Forex trader, you have to develop a trading idea that provides sustainable long-term profits. Many successful traders have a strong sense of self-confidence that cannot be shaken, even when they make some losing trades.
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