Is Your Trading System Right?

A trading system is a way or trading rules that are organized, regular and applied repeatedly. Some traders refer to this trading system as a trading plan. Some traders refer to this trading system as a trading plan.

The trading system is a guide for traders to make buying and selling transactions. It is like a traffic sign that regulates the flow of traffic. If there are no traffic signs it will be chaotic and the potential for accidents will be great.

A good trading system will provide traders with guidance on various things, including:

    1. Trading style used. Not every trading strategy or style is suitable for everyone. Traders should                 choose the one that suits the trader's personality and needs.

    2. What will the trader trade. Not all forex pairs can be traded with the chosen trading style. Trading            systems can help traders choose what pairs we need to trade

    3. When can trade. Not every time a trader has to trade. There are certain times that make a trader's             trading style provide greater profit opportunities.

    4. When to open a position (Entry Rules). For example, a trading system will help provide guidance         on when to buy

    5. When to close a position (Exit Rules). For example a trading system will help provide guidance on         when to sell

    6. How much money is used (Money management). Traders must know how much to use, when to             add or subtract

    7. Manage if trading does not go according to plan (Risk Management). Not all trades that traders            make move according to the trader's wishes. It could be that the price reverses direction, so we             have a guide to overcome it.

Watch the full video and details below!

More info : 

Free material soft copy contact 081 258 066 174 wa/call 

Private info / paid premium class (guided forever until consistent profit and independent). 

Whatsapp/call 081 233 593 672 Or direct access to our web www.wijayatrading.com