Trading a minimum system ? Sounds strange ? Not really, I guess to those in the trading game for some time. Let me explain.
- You decided to trade
- Did the homework
- You went after other's systems and it didn't work. Sounds familiar ?
This should be done:
- You decided to trade
- Did the homework
- Trading is very personal. One person's indicator is another person's misdirection. Or something to that effect. Get the message ?
- Get the system checked by an "expert" (a very rare species, let me warn you.)
- This is a system that you will go by for the time being. It works for you. You will know soon enough anyways. The market is a ruthless teacher, isn't it ?
- If this system is true to your personality, you will grow with it. By growth, I mean you will only have to make nudges and pushes to the system, not overhauls.
- One key clue that can be noted from your performance is that you know instinctively that you have committed a mistake when you really do. This is the verification that indeed the system you have chosen is consistent with your psychological make-up
No comments:
Post a Comment