No system works all the time

Dec 31, 2020 at 13:29
1,231 Views
22 Replies
Biedrs kopš   751 ieraksti
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.
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.
Dec 31, 2020 at 17:14
I agree. Market are changing continuously. In 2020, we saw many unexpected events and price movements.
Biedrs kopš   298 ieraksti
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.
Biedrs kopš   788 ieraksti
Jan 04, 2021 at 23:51
Market conditions are not always the same. Sometimes Volatile and Non Volatile. Trading styles must be different between these two types.
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.
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.
Biedrs kopš   112 ieraksti
Jan 21, 2021 at 10:45
It is impossible to trade and not consider market fluctuations.
Biedrs kopš   20 ieraksti
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.
Biedrs kopš   90 ieraksti
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
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.
Biedrs kopš   300 ieraksti
Jan 26, 2021 at 20:43
Absolutely. The markets are not constant.
momchil_slavov@
Biedrs kopš   298 ieraksti
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.
Biedrs kopš   48 ieraksti
Feb 08, 2021 at 11:24
Strongly agreed. I believe no strategy is fully safe in trading.
Strategies may vary with investment amount, trade time, instrument in which amount is invested and buy/ sell decisions made by investors and market conditions.
Biedrs kopš   38 ieraksti
Feb 15, 2021 at 08:40
It is very hard to make money by acting in a formulaic way. Each situation must be considered separately.
Feb 23, 2021 at 04:09
That is right. Not every system will work every time and there is a constant need for modification.
Biedrs kopš   15 ieraksti
Mar 17, 2021 at 09:57
That’s right. Every system is in need of some modifications from time to time.
Biedrs kopš   298 ieraksti
Mar 17, 2021 at 11:57
To finding a good strategy we need to do a lot of trail and errors. But usually people do not give much time in a strategy. They think there must be something I don't know and they keep searching.
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.
Biedrs kopš   187 ieraksti
Mar 25, 2021 at 08:28
System is not the appropriate word but if you are pointing towards strategies then yes strategies need to be changed, according to market volatility.
Pieslēgties / Sign Up to comment
You must be connected to Myfxbook in order to leave a comment
*Spams netiks pieļauts, un tā rezultātā var slēgt kontu.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.