The trading system is indispensable to any trader. Without a system, you are nothing but gambling in the market. Simply by a (effective) trading system will allow you to grasp the probability advantage.
Fortunately, the trading community has been sharing trading systems of all kinds, all of them. Just walk around the forums, trading blogs, and you'll be hugging countless systems. In general, toys are never lacking, it is important to know how to play or not.
That is the system from the external source. The newbie will definitely need such systems. But to the stage has accumulated a lot of experience, some traders themselves create and use their own trading system.
So what system should we use? Of self or of others (external source)?
Benefit from other people's trading system (external source)
The transaction system from the community has many benefits. First of all we have a dish that has been "tested" by someone else. Of course, this test is also bad luck. Why not know who he tested it? Experience trading like? What is the test method?
The next benefit is the choice. You have hundreds, thousands, tens of thousands, hundreds of thousands of different systems shared within the community. This number is so huge, many options will give you more flexibility in the trading process.
That is not to mention the transaction system to pay. It is well known that there are many faux that professionals who deliberately sell poor quality trading systems just to trade money. But the image of those hands makes you lose the opportunity to access the real trading system effectively. If you have the financial and important to have a good system digging branches, you are confident to find a good seller, mind, reputation, positive reviews. That money will save you a lot of time in refining the pile of gold sand mixed systems out there. All you need to do is focus on the discipline of dealing, and manage your capital well.
Benefit from your trading system
After a period of war in the market, you have accumulated a certain amount of knowledge enough to build a separate trading system. You know, building a system is much harder than finding a system from outside. You have to evaluate the system a lot, you have to take more risks. However, besides these, you still have great benefits such as:
You are free to customize the system
The system is yours, created from your own ideas. You can freely customize the system to achieve the highest performance. This is something that the system from the outside source can not get. Because you do not know why they put out trading rules in that system. With the system you create, everything is in your lap. You will become extremely flexible with your system.
Quality comes with skill
Indeed, when you use your personal system, that quality goes hand in hand with your skill level. This is a double-edged sword. If you are a newbie, or not experienced enough to use a self-healing system, then surely that system will have countless holes. You will face many difficulties, even loss with the system is not perfect.
But great benefits will come if you are a professional trader, many years in the market. A system created by the many "mystical" skills you have accumulated over the years will be a killer machine, tracing no trace of a pips on the chart. That will be the system that will help you achieve success.
Which system should I choose?
sharing me your idea. thank you
