Use These Steps As Your Trading System!

Not all traders have a trading system or trading plan. Traders buy or sell just based on feeling. A trading system is a combination of various tools or parameters in technical analysis to help traders make trading decisions. The trading system is formed as a rule of the game that suits the traders themselves. Everyone has a different trading system. Even though they have different trading systems, traders must have a concept that must be used as a reference. Here are the steps of the trading system:

Trends

Traders must pay attention and have technical indicators that can catch clear trend signals to ensure trading activity is in the direction of the trend. We recommend that you start the trend movement first and then execute it after you are really sure of the strategies and techniques used.

Level (SNR)

Support and resistance become the upper and lower limits of market movement. So if you are already in these areas, you need to be careful because there is potential for the market to return. However, if you don't have transactions yet, being in these areas will be a big opportunity.

Trigger

Trigger trades can be thought of as lines in the market that determine exactly when a trade will be entered. Unlike filter trades which can cover multiple factors, trigger trades tell the trader exactly when to act. Trigger trading should be strictly objective and clear in the trading plan. There should be no room for ambiguity.

Watch the full video and details below!

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