Whats your opinion on the most important aspects of a trading system

Apr 13, 2020 at 23:12
6,344 व्यू
74 Replies
तबसे मेंबर है Nov 19, 2020   96 पोस्टों
Feb 19, 2021 at 07:13
KnowFinance posted:
I believe that a trading plan is the most important aspect in trading. Anything done with a proper plan helps in achieving the targets and goals.

Yes, a good plan in hand helps a trader to be more focused and more confident than trading. Its always better to follow a planned approach, along with proper risk management, patience and discipline.
तबसे मेंबर है Feb 04, 2021   32 पोस्टों
Mar 01, 2021 at 08:21
I feel, the most important aspect in forex trading is devoting time to the market. Make sure you devote a few hours to the market each day. This is the only way you can learn about the market. If you are knowledgeable enough, then trading will be more beneficial for you in the long run.
तबसे मेंबर है Oct 01, 2020   33 पोस्टों
Mar 03, 2021 at 10:52
KnowFinance posted:
I believe that a trading plan is the most important aspect in trading. Anything done with a proper plan helps in achieving the targets and goals.

Absolutely correct. Things done with a plan give better results. It also helps you in managing your time and money. It helps you to grow.
तबसे मेंबर है Nov 03, 2017   1 पोस्टों
Mar 03, 2021 at 17:52
Trusting yourself, trusting YOUR plan
तबसे मेंबर है Jun 19, 2021   48 पोस्टों
Jul 02, 2021 at 07:12 (एडिट हो रहा है Jul 02, 2021 at 07:13)
I scoured through many strategies, so much disappointment that it was not for me that I grew very frustrated, every pic was a loser. Today I trade 9% winners and am very happy I took years of practice and put in the blood and sweat to be who I am today. My strategy is taking an already successful winning strategy that was around 60% to 80% correct to a high 92-96% correct winning strategy. I fine-tuned it so well I remove my stop losses. (DO NOT FOLLOW THIS AS ADVICE) I have done the exact trade so many times that I know when it will break a certain threshold or not. I now have my first student who went from losing everything o now being able to pay her bills. She told me she has yet to lose one trade with me.
*I kill pips for fun.*
तबसे मेंबर है May 19, 2020   321 पोस्टों
Jul 14, 2021 at 11:45
Money management, risk management, entry and exit strategies, as well as a market analysis strategy are integral components of the system. It will not exist without them. Everything should work perfectly and everything is interconnected. It is impossible to say which is more important.
If you need to evaluate the performance of your strategy after the test, pay attention to the number of consecutive losing trades, identify the weak points of the system, look at the maximum drawdown and relative drawdown.
@Marcellus8610
तबसे मेंबर है Jul 07, 2021   40 पोस्टों
Jul 27, 2021 at 14:29
Risk management is always very important. So is money management. You also need to combine analysis methods that can allow you to choose good entry and exit points.
तबसे मेंबर है Jul 27, 2021   15 पोस्टों
Jul 28, 2021 at 10:48
The consistency with no deep dd and risky trades. If you are able to make 1$ per day, each day during the month, yes, it's a little return, but stable. And with larger lot size you will make 1000 dollars per day, each day during the month.
तबसे मेंबर है Jul 23, 2021   9 पोस्टों
Jul 30, 2021 at 10:56
Consistency is everything because it gives you the confidence to risk more with the system. If a system has huge DD then you are not going to dare risk any significant money on that
तबसे मेंबर है Aug 13, 2021   39 पोस्टों
Aug 18, 2021 at 08:17
I will always put stability in the first place.
Second is spread.
Third is rebate.

My job is to compare broker to broker for those who consult me and give out the best option for them.... So i know much how the brokers work... contact me if u feel doubted
तबसे मेंबर है Jul 27, 2021   15 पोस्टों
Aug 19, 2021 at 11:30
The spread in medium and long term trading is not a critical point, but the system stability
तबसे मेंबर है Aug 13, 2021   39 पोस्टों
Aug 31, 2021 at 02:10
I will say slippage and system stability are the most important things for mid-long term trading. Spread can be just neglected
For short term, spread and slippage.
तबसे मेंबर है Aug 26, 2021   9 पोस्टों
Aug 31, 2021 at 10:33
Does anyone know how to model slippage when back testing on MT4?
तबसे मेंबर है Jun 04, 2021   4 पोस्टों
Sep 01, 2021 at 07:16
Money management combined with a successful market strategy is very crucial for successful trading. As this helps the trader to take out the emotional and psychological aspects and make money over the long term. All the other things come next.
तबसे मेंबर है Sep 03, 2021   9 पोस्टों
Sep 03, 2021 at 12:52
Most important measure for me is to minimise standard deviation. As long as a robot is consistent with now large DD then it is one I can invest in
तबसे मेंबर है Feb 20, 2021   51 पोस्टों
Sep 24, 2021 at 07:07
You have to be really careful while building your trading strategies. Do mention your entry and exit points clearly and follow them when you are in the live market. Understand the importance of not getting distracted from your trades and stick to what you have already decided instead of deviating from what you were already doing.
तबसे मेंबर है Mar 28, 2021   586 पोस्टों
Oct 04, 2021 at 11:04
Strategy is most important aspect of forex trading. We need a decent strategy to make money. But along with strategy we also need a trading mindset.
तबसे मेंबर है Apr 09, 2019   516 पोस्टों
Oct 22, 2021 at 10:32
To be unimaginative with the answer as many have already said - risk management. You can have the best strategy in the world regarding analysis but get this wrong and it will ruin you.
If you can't spot the liquidity then you are the liquidity.
तबसे मेंबर है Mar 16, 2021   447 पोस्टों
Nov 05, 2021 at 07:50
First you have to gain trading knowledge. You can never make a profit without trading knowledge. Making money would be easier if we could add some important strategies to psychiatry.
तबसे मेंबर है Apr 09, 2019   516 पोस्टों
Nov 05, 2021 at 11:44
To add to my earlier answer I also think the ability to fit in around your lifestyle and time constraints is vital. Trading is something that takes a lot of time to get right. If you can't get it to fit around your life you will burn out and lose interest more quickly.
If you can't spot the liquidity then you are the liquidity.
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