Mandatory Things in the Trading System

Forex is a foreign currency exchange transaction. This term is better known as foreign currency or forex in Indonesian. The occurrence of this foreign exchange is none other than because of the need for foreign currency, such as traveling abroad, shopping for goods from abroad, and so on. Before plunging into the world of trading, make sure the trader has a trading system.

The trading system has an important role in trading in the form of rules of the game that are suitable for traders. It's possible that everyone has a different trading system. Even though they have a different trading system, they must have a concept that must be used as a reference. The trading system is the rules of the game for traders later, when do you want to enter, when do you want to get out, how much to take profit, how much is planned for the market if it changes or reverses direction, and how much loss must be tolerated.

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