its really hard to get on board when the market start to make a direction
- Joined Dec 2010 | Status: Member | 572 Posts
The only system that will work is one designed by and for yourself.
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Disliked{quote} ...#2 enemy of all amateur traders is absence of trading method (strategy, system etc.). Here, I mean, the detailed algorithmic strategy. For instance, on what timeframe they trade, how much SL, TP or trail SL, and, on what pairs his strategy works, what setups they take (PBs, BUOB) and many more...Ignored
Disliked{quote} I think Papironi has explained one valid way of not losing quite perfectly there. Of course, I would say that as that is my way of trading and it does work over the long haul provided you trade small and always with sound risk control, discipline and consistency.Ignored