Originally Posted by
pipsurfer
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