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Trade
The basis of the vehicle - the idea
Often asked by newbies, where to start to create trading system? First, I think that the question is simple, but starting to explain, I understand that you have to repeatedly go into the reasoning aside. Perhaps the fact that there is no single statement on which people would be able to create your strategy. So, maybe it's better just to talk on such a topical issue.
People who really want to learn to earn everything themselves will analyze and form their opinions. And to begin with, that will give my observation. Its essence is that every trader is gradually inclined to any particular method of trade, and can to several. That is, there are benefits that can be based on many factors. For example, the number of hours per day that people can devote to trade, depend on the belief that such a method works reasonably in the Forex market and so on.With experience people form their knowledge on the basis of which to build his liking for a particular trade.
The individuality of the speculator
From observation, it follows that everyone is becoming more individual, the more experience in trading, more clearly than he the idea of how you generally have to build the whole work on the exchange. Therefore, a professional scalper with years of experience will not particularly delve into the system using, for example, currency arbitrage, or in the waves of the D1 scale. This is logical, because in real life, the optometrist begins to climb especially in the case of the gynecologist.
All this I was led to believe, monaravila to look for any kind of vehicle that would work and now showed not bad results. Even if people can't find it, but it's their principle of operation is not close to the trader, the benefits of its use people will likely not get it.
From the foregoing it must be concluded that the first speculator need to see what's actually on the market is, what types of strategies, techniques, components of the TC elements of trade and so on. Only then will the feeling that one of the methods a loved one. It seems to be quite relevant, efficient, convenient the trader does not have to put up with some "dark corners" and so on. When a speculator has determined, and then it is already at least think about how to make your trading system.
The whole situation resembles the selection of the faculty, when they leave school. Seems to have a desire to learn, to get a prestigious job, just do not know where it should go, and so it is not clear whether the specialty will be relevant in five years, when it will have. In Forex a similar pattern. New here does not understand that he had better learn that in the end turned out good in the trade.
Looking for an idea for the basics of the trading system
The heart of the trade is the idea upon which is built the system. The idea sought after the trader has determined what methodology is closest to him. The market is full of patterns that can be both short-term and long-term. First, usually based on some temporal features. For example, a trader may notice that some currency pair the spike of volatility at the time of the opening of the American session. Next, you need to think about how such a feature can be used.
There is a more reliable, time-tested patterns. For example, for years in the Asian session for some currency pairs there is flat on the market. Therefore, those traders who became close to scalping, happy to come up with more efficient ways to get profit from trading at night (GMT).
This regularity is thought, in fact it will become the basis for future strategy.Then, the trader watches to achieve the most accurate entry into the transaction, and you use filters, what could be done in principle. Then, tests, studying the number of inputs is true and false. Then you can choose the way of transaction support, for example, tral, translation stop to breakeven and so on. In other words, we study the effectiveness of the use of any method of exiting a position.
The whole trading system is a constructor that is going a speculator around he found ideas. Naturally, in order to skillfully select optimal filters, conditions and so on, you first need to explore options and to know exactly how each one of them. Each element has strengths and weaknesses that can show up in all methods.
As a result, we see that the most important thing for the trading system it the idea, the principle of trade, which will be incorporated in the strategy. Such ideas appear with the study of history, on the basis of observations of price. All the time contact with the market, we gain experience, do not even notice the nuances of the price behavior of a currency pair. All it takes to build a vehicle.
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| Category: Forex | Added by: (30.10.2017)
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| Views: 324
| Rating: 0.0/0 |
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