How do you define a profitable trading system?

I should agree some of the point you mentioned here "IF" you are creating a system in a way purely as "BUY" sides trader. Then how about if you are a "SELL" side trader? For example an investor approach a financial institution and trying to buy a Notes on IBM, do you think the firm trader able to say that "Sorry Sir, due to some sorts of good fundamental on IBM and we are unable to do that". Of course you can't. What they can only do is doing some price recent volatility movement and quotes a return on that.

Recurring patterns, sure, but only in a general sense. And not identical in detailed aspect.

Put it this way, the issue is whether a trader can anticipate or predict what the market will do in the next moment.
The answer to this is yes and no. Sometimes you can, other times you can't. The better trader get this part more often than a mediocre trader.
Studying or analyzing markets chart patterns helps a little, but ultimately every trade has the potential to go right or very wrong.
Many retail traders are so paranoid of getting losing trades that they lean more towards early profit taking strategies. This is ironically what makes trading so difficult, as you can't get good risk reward in trading with this way of trading. Pushing for high reward on the other hand requires traders to take a great deal of risk by holding on to running profitable trades, risking profits in the hope of greater gains.
Two traders trading the same system can take the exact same trade. But one (the better trader) could make money, the other could lose money (or make less money than the other trader). It is not the system alone that determines success but the skills of traders that ultimately makes the difference.

Of course there are also trend trading methods that aim for home run to cover losing trades and ideally still end with net profits. (Eg turtle trading system). Very few retail traders go for this style of trading because the losing trade percentage is extremely high, and you need to manage risk very well to stomach through months of losing trades. The assumption that the market will eventually give one a home run trade might not be a good mindset to stick to imo.

https://www.forexfactory.com/showthr...4#post11265004


The 1st ever structured solutions or "Structured Products" believe exist in 1700 B.C.

1700BC?? (that is like 3700 years ago!)

Cite source for that info please.


Until today, the strategy still works in the market and sold by most institutional firms to investor.

Explain. What strategy are you talking about?


Some even offer "Principal Guarantee" if hold to maturity. If long history strategy doesn't work, why there are principal guarantee. This is just one of the example, not including Stock-Bond Comovements, Cross-Market Trading, Autocallable Notes and so on. I haven't heard any of those strategy has ever failed in my knowledge.

Principal guarantee is not trading.

Buying bonds, earning dividends (holding stocks long term) are not trading. They are investing.

I can earn annual 5% fixed deposit from banks. But how is that trading?

Investing and trading are not the same!

-> https://www.investopedia.com/ask/ans...ng-trading.asp


Do you even realise we are in a forex forum where traders get in and out of markets within hours or days?

And here you are treating long term, 'low' risk, low return investing (bonds, dividends earning) like 'gods' over short term, high risk, 'high' return, speculative natured trading. Please.....


Don't compare professional proven strategy with those random so called holy grail and failed in next 6 months or so.

Buying bonds is a professionally proven strategy? It is not even trading at all. What is there to compare?

Or whatever strategies you are talking about. Explain.

LOOK at the thread topic again →→→ PROFITABLE TRADING SYSTEM


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I rarely add people to ignored.

Know why I added you to ignored?

I was only mildly annoyed when you said I was talking nonsense with my universally factual statement and countered it with a ridiculous statement of your own.

My first post 'may' and 'might' is to tell you to reread the meaning of my statement with context to 'may' and 'might'. Which I think you have accidentally misread or overlooked. I was merely correcting your statement out of good will and also in the name of truth/facts. I have totally nothing against you.

Your responses to mine that followed were totally unprofessional and tells me what kind of person you are. You took my post as if I was trying to insult you personally, when in reality it's only correcting wrong ideas and statements.

Even though when you 'know' you have said something incorrect, you refused to admit you are wrong and instead tried to cover up/justify wrong information with more nonsense.

You treat a serious debate like an ego fight which you can't afford to lose.

[Holding on to losing positions; and adding even more losing positions -> account blow up]

You valued your pride (ego) over truth/facts and good information. That, I totally cannot stand.

I don't mind you to ignore me at all because you are too smart to gain more knowledge. Many sources are free on internet, do search yourself because you don't pay me to find you all those info. Wrong information with more nonsense, just because you don't even understand what I am talking about. Stop showing your stupidity here with a simple understand of BUY and SELL, and that's more than enough to understand what trading is.

Go to www.monster.co.uk and search for Bond Trader. I am wondering why those firms hiring bond trader if bond are not trading. Is it because they have too much extra money to pay free salaries to those bond trader.

With all your statements, it is already proven how naive and lack of knowledge you are understanding "Financial" or "Trading" terms. If I give you a million account with a maximum stop loss of 10%, what are you going to do with 90% of the remaining funds? Keeping in your account in figures and trade, pray not to hit the 10% maximum stop loss?

Oh my goodness, I start to angry myself why I still want to answer a kindergarten boy question who only understand trading consist only "BUY" "SELL", nothing more. No wonder you are so free to always stay in forum showing your so-called expertise here, but in fact only kindergarten knowledge in financial world.