The world of trading is like lulling us, how can we easily make money from this business without having to get out of the house or even get up from our bed, the market is open 24 hours a day giving us many opportunities to be able to gain money.
But do not be easily lulled by the lure of getting the money easily and quickly from this business, because behind lure there is a big enough risk awaits us if we are not careful in our trading, instead we can get our existing capital gains will be eroded in just a short time.
The world of trading like a jungle where there is no mercy in it, not know friends, you are not careful in stepping it can make you fall into the abyss. When we dive into this business can be likened to us as soldiers who descended in the jungle and told to fight to face the enemy. When we are deployed in the field of our battle as a soldier must have the equipment, weapons and strategy enough not only capitalize dare to die there you can die real. If we struggle with bamboo guns and our spirits can drive out the invaders, but try to fight today now with just a pointed bamboo weapon and the spirit that you will die for is ridiculous.
Likewise, with trading, we are not just enough with big capital and courage to take risks, not the profit you get but your capital will run out in a short time and please you mourn your fate. To jump into this trading business also needed a capable weapon, a strategy that is telling and mentally good enough.
Well on this occasion I will not review everything, I will only review about the weapons that we should use when we are trading which will be called trading system. If you are a soldier will definitely choose the most powerful weapon, but the question is whether you master the weapon? Any idea how to use it? If you do not master and do not know how to use it just lie will look cool but still die when fighting. Likewise, when we are trading we must have a weapon or trading system but the most important we master the trading system.
Then what is the trading system?
a trading system is a set of rules that we arrange which is usually based on technical analysis where the rules we can know when it's time to take a position to buy or sell, we also can know how much risk we must take and we also can know how many profit targets that we will earn. Well, the incidents are often experienced by the beginner traders that they only focus when it comes to position without preparing the level of risk that is ready to be taken as well as the benefits to be gained and when it is in such circumstances can be sure you will panic, doubt, and fear when the price moves ups and down.
To be understood there is no profitable trading system in the sense of always providing benefits, ignore if you find on the web that sells the trading system with a guarantee of 100% profit continues. When we are trading we will definitely experience the name of how much loss we loss compared to the profit we earn. So do not spend your time looking for a 100 profitable trading system because it will never meet.
Besides that, a good trading system should not be composed of many indicators or have rules that are too complicated, remember the proverbial trading is simple do not make it complicated. In addition, the trading system also must be in accordance with our character because of a trading system suitable for traders who are the aggressive character but not necessarily suitable for traders who have a more secure play character. Essentially try to understand your trading system first if you can follow the rules that are made or not and then try first in the demo account to know your ability to master the trading system. Errors are also often experienced by many traders that if our friends can profit with a trading system then we will ask the trading system is for us to use without we learn whether it fits with us or not just use.
If we trade with a trading system that we master and match our character and we believe that the discipline of profit we expect from this trading will we get and the purpose of all traders that are trading for the living will be achieved.
At the next opportunity, I will explain further how to set up a complete trading system.
Cheersss….