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Thread: Trading systems and indicators are just tools.

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    Banned lgarhboularbah is on a distinguished road lgarhboularbah's Avatar
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    i think that evry job need tools to finish them corectelly and the same at the same in the forex market we need the indicators and the strategy to finsh our job with the success that we want it and this related with the quality of the system that we follow it

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Quote Originally Posted by pipsurfer View Post
    hello
    i've been a trader since 6 months, and lately i realize something very important

    i was a system hunter, i mean i hunt for trading systems in many forex forums, and try to find trading system that suit me, i got a lot of trading systems with very interesting good result

    so i tried it one by one, i amazed how simple the explanation were, and how easy i implement those strategies

    so i tried them one at a time, i expected good result, but no, the profit were very inconsistent, so i just change into another trading systems, but not so good result happened again and again

    so i spend my time thinking, how could a system give good result to other but not to me, what did i do wrong? i followed the rules... after some time, i think i now know why

    of course the trading systems is not to blame, it is me, i didn't understand what those systems were

    trading systems is merely a tool, those systems that consist of indicators are nothing but tool to analyze the market easier, it is the trader that needs to understand what is the meaning of each indicators, and what is the meaning of system rules, so trader should understand why the trade went the way it were, into profit or loss, it is not the mistake of those systems or indicators, because it just calculate based on charts, so the one who is responsible is absolutely the trader, who decide what to do based on those calculation

    so now i didn't use any trading systems i found to trade, i just use some to help me analyze how the market goes, and trade based on my own analysis, and it really feels better than old days

    i hope the my fellow traders understand what i mean, good profit to all of us
    In order to always be on the safer side in forex currency trading, we should try our best to find a strategy on our own and then try and utilize it our trades to avoid confusions from using other peoples analysis.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    abdelkrim (2019-01-02), Sunny Boys (2019-08-08)

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    Trading systems and indicators are just tools.

    hello
    i've been a trader since 6 months, and lately i realize something very important

    i was a system hunter, i mean i hunt for trading systems in many forex forums, and try to find trading system that suit me, i got a lot of trading systems with very interesting good result

    so i tried it one by one, i amazed how simple the explanation were, and how easy i implement those strategies

    so i tried them one at a time, i expected good result, but no, the profit were very inconsistent, so i just change into another trading systems, but not so good result happened again and again

    so i spend my time thinking, how could a system give good result to other but not to me, what did i do wrong? i followed the rules... after some time, i think i now know why

    of course the trading systems is not to blame, it is me, i didn't understand what those systems were

    trading systems is merely a tool, those systems that consist of indicators are nothing but tool to analyze the market easier, it is the trader that needs to understand what is the meaning of each indicators, and what is the meaning of system rules, so trader should understand why the trade went the way it were, into profit or loss, it is not the mistake of those systems or indicators, because it just calculate based on charts, so the one who is responsible is absolutely the trader, who decide what to do based on those calculation

    so now i didn't use any trading systems i found to trade, i just use some to help me analyze how the market goes, and trade based on my own analysis, and it really feels better than old days

    i hope the my fellow traders understand what i mean, good profit to all of us

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  6. The Following 13 Users Say Thank You to pipsurfer For This Useful Post:

    Aanchal (2018-12-22), abdelkrim (2019-01-02), Ahmedyassen (2017-09-15), atiqrehman (2012-07-31), BAZRYK (2017-09-20), danish555 (2017-09-28), Facebook (2018-12-22), khan Muhammad (2016-10-15), noul (2015-02-26), pretty (2013-11-25), Sunny Boys (2019-08-08), wamahiga1 (2016-06-13), ZaraIqbal (2018-12-22)

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