How to Make Trading System

Foreign exchange or commonly abbreviated forex is a foreign currency exchange transaction. This term is better known as foreign exchange or foreign exchange in Indonesian. Every trader who wants to enter the world of trading, must have a trading system. However, not all traders have a trading system or trading plan. Many traders just buy or sell based on feeling. Then predictably, they are not among the 5% of successful traders.

Every successful trader always has a trading system to use. This applies to all traders, whether trading stocks, forex, gold, commodities or others. A trading system is a way or trading rules that are organized, regular and applied repeatedly. Some people call this trading system a trading plan. The trading system is a guide for traders to make buying and selling transactions. Here are the steps to create a trading system:

Knowing the Right Trading Style

Knowing your trading style is very important in starting trading. Not all trading styles are suitable for everyone. Traders should choose the one that suits the trader's personality and needs. Trading styles that suit each individual can be sought or can be obtained by means of a lot of practice and process. When you are able to find a suitable trading style, you just have to use it continuously in a disciplined manner.

Knowing When to Trade

The conditions of each trader are different both in terms of capital, and free time for trading. We know anyone can trade even if they have other activities. Then you can trade according to your spare time because trading is flexible. Later the trading style will adjust the time the trader has.

Watch the video below for full details!


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