Profitable trading system and consistently, in trade we can gain/profit when the market goes up or down. His way to analyze and take the difference in profit. many have assumed that the trading system is very difficult to be compiled. Actually, you don't have to compile the system trading with as complex and as difficult as it was, for the majority of traders who end up not because of loss in trading trading system they are bad, but caused by emotions and attitudes are not disciplined by rules that are already in the set. In the business of trading, if emotions become controllers, you will surely fail. So you'll also need a mindset of strong trading system with trading plan that is also strong.
If the trading system, summarized below are the main reasons that cause failure in trading:
Wrong place capital (not in accordance with product)
Lack of discipline and there is no trading plan
Don't study the market
Do an analysis/interpretation is less precise
Chasing the market (in the position today, the message has yet to meet).
Unwilling to accept losses (position held without using stop loss)
System for trading without emotion, there are four tips which is very easy to tell the difference between winners and losers;
1. Compile a Trading Plan
Having a trading system plan and followed so that You know when to take a position and when not to pick it up. This trading system often forgotten when it is in the condition of profit.
In the trading system, you have to take the position of sesusai trading plan you and not according to keaadan now. You will not know that the trading system will run better or worse if the strategies do not run consistently and reason trading system continues to change. Often traders don't follow trading system plan when going through loss, whereas this time is a critical moment and the most decisive for the development of the ability of forward trading system.
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2. Trading System; Simple and flexible
A successful Trader is a trader who has accepted that there is no trading system will run fine as long as ever. Although a successful trader strongly believe against trading system indicator teknikalnya, but they also realize that there are many other factors that affect their performance.
Because of this they always open your mind and look for new ideas, learn from the experience and will do the trial and error that when trading system evaluated (at a certain period), they can fix the system or change the methodology according to their markets with risk to reward. To become a successful trader, you must understand how the trading system reacts at a time when the market is changing and this will always happen.
3. focus on being consistent
Traders who've managed more selfish attitude consistent profit than a direct or fast.
If you are just unlucky at one transaction and obtain a profit from it, you still don't have a strategy/good trading systems and you will not be able to gain a consistent profit for a prolonged period.
4. Take Action
The successful Trader will always take action. Trading activity, they will not be influenced by fear. For example, they would not resist the adverse position (which is not in accordance with the trading plan) while hoping that that position will turn into a favourable position. They also will not rush the panic in taking action that is not according to plan trading system.