Forex Trading System

Two years ago, I searched forex trading system that never get lost and has 100% profitable. The system had to be perfect, it could be used at every conditions, sideaways, ranging, retracement. trending, breakout or false-breakout, the system had to handle it. I could enter to the market whenever I wanted and got profit instantly.

I joined forums, discussions, and seminars. I called professional traders around me. I made new trading system everyday. I used one indicator to another indicator. I entered it to my trading system and then thrown away if I get lost. If you asked me about my trading system in the morning and then you’d got different trading system in the evening. After I always changed my trading system, now I have revealed the secret of trading system that should be suitable for every trader in the world.

What’s the secret? The secret is there is no secret.
I am so sorry if I have disappointed you. But that is true. There is no secret for trading system. Professional traders has same system with us. What’s made different between professional and amateur? Professional traders always control their emotion in every conditions. They believe that searching the Holy Grail is all about improved theirself. Rather than modified our system, we should learn about ourself. We can not control the forex market, but we can control ourself. Forex market has no rule. Then we should make the rules, trading rules. Trading is all about discipline and patience. You’ll make a lot of money from market if you can do that.

If you are still thinking there is magical trading system, you should avoid forex market before you waste your time and money. There are many trading systems out there, free or paid system. Both of them should be suitable for your style. Trading style can be revealed as long as you keep learning. I like to trade using daily chart. My friends usually trade with hourly chart. Keep it simple for your trading system. Do not use too many tools and indicators if you don’t to be confused when analyze the market.

Actually we have got good trading system but we usually destroy it because we want it to be perfect. Just follow your system and stick with it.

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Many traders that using small time frame, try to shift to larger time frame when they are in losing position. They keep their lost because they hope prices will turn around at larger time frame. They set stop-loss more larger than they set before. they are looking for more reasons that can keep their position at the market. They can not accept if prices touch stop-loss. They think if they lose at forex so that means they are losers.

Actually when we are looking for entry to the market, we don’t only set entry position but we should know when exit from market. There are two exit strategy, stop-loss and target-point. When price move away from our position we can only change our stop-loss smaller or set to BEP. We also can set stop-loss to lock our profit.

Lose at forex market is not your fault. As long as we follow our trading system, it’s okay. Professional traders sometimes make bad position and get lost. But they always get profit at the end. Because they can manage their stop-loss. We have to manage our losing trader smaller than our winning trades. We all don’t like lost at trading, but we have to accept it as part of our business.

So, you should stay only in one time-frame until the end of your position.

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