best trading system

decisions that you make. Unfortunately, many traders dont reach this stage, they either lose their trading capital, develop negative feelings towards the markets or lose faith in their abilities to profit from trading or worse yet a combination of all three. Perhaps, that is one of the reasons that these systems are called mechanical systems. Taking Personal Responsibility For Your Trading Results The next stage is the self perspective stage, this is when the trader becomes aware that it takes more than an indicator to become a successful trader. The questions the trader asks are very different then when he first started. Looking for the best forex trading strategy? If Bollinger Bands appeal to you, this one is well worth a look.

NetPicks Latest posts by NetPicks ( see all ). Learn Everything About The Markets And Every Technical Indicator Stage. The interesting part about this stage is traders begin to take responsibility for their actions and begin to understand that profitable trading 18 geld verdienen is inside of them and no indicator will make them a profitable trader if they are mentally not prepared for. In fact, there is an acronym that you will often see in the trading world called kiss. This is the stage where the trader realizes that his mental state has everything to do with making money. The latest computer versions of these mechanical systems are complete black box operations (you cannot have all the emotion involved when you follow a specific system ).