Trading System ?

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csiannas

Trading System ?

Post by csiannas » Fri May 21, 2010 11:12 pm

Let me write some thoughts down ...

A trading system should tell you when the market is bullish or bearish
A reading system should tell you when to enter the trade (during the corrections)
A trading system should tell you where to leave the trade when the things are going wrong (stop loss)
A trading system should tell you where to add on your position when the things are still going well
A trading system should tell you where to leave the market (exit - take your profits)
A trading system MUST tell you a MONEY MANAGMENT SYSTEM (how much of your capital will be risked per trade?, what is the expectancy of your trading system? , are you playing your money or/and the market money?, how much money you should invest per trade?)

Here is an indicator of Metastock which I created. (Trailing stop loss - Bullish market)
It's free for you !!

PDay := Input("Day of Month" ,1,31,1);
PMonth := Input("Month" ,1,12,1);
PYear := Input("Year",1985,2070,2007);
TM:=Input("The price you bought the stocks:",0,150000,1);

TSE1 := BarsSince(DayOfMonth() = PDay AND Month() = PMonth AND Year() = PYear);
TSE2 := HighestSince(1,TSE1=0,C) ;
TSE3 := TSE2 - TSE2*25/100;
TSE4:=HighestSince(1 ,TSE1 = 0,TSE3 );

If(TSE1=0,TM-(TM*25/100),Max(TM-(TM*25/100),TSE4));

http://www.chrislsiannasonline.com

Next time the bearish formula !!!

Johnkitty

Re: Trading System ?

Post by Johnkitty » Fri Jul 16, 2010 2:17 am

Thanks for your sharing, you can also check this out: optionstradingexamples.com

thomaslowell
Posts: 1
Joined: Mon Mar 05, 2012 3:51 am

Re: Trading System ?

Post by thomaslowell » Mon Jul 09, 2012 9:27 pm

A trading system is like a navigational chart. It is a combination of rules, trading parameters, and technical indicators that when used together help you determine entry and exit points as well as stop loss or cut points. Generally speaking, the best forex system will be one that is created by and taught by a Forex trader who actually uses the system themselves. You don't want to learn how to trade from someone who is not a trader, just like you wouldn't learn any other job or skill from someone who is not an expert in the field.

Jhon Kumar
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Location: Indore, MP, INDIA
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Re: Trading System ?

Post by Jhon Kumar » Thu Jan 10, 2013 2:39 am

A trading system is simply a group of specific rules, or parameters, that determine entry and exit points for a given equity. These points, known as signals, are often marked on a chart in real time and prompt the immediate execution of a trade.

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