Today you can find thousands of "wonderful" systems using any search engine. You can read many articles, to benefit from expert advice or services negotiating robots.
Speaking of robots, it is amazing how people believe in automated trading. They think they can go to work in the morning, leaving behind this wonderful robot trader on the foreign exchange market alone. The good news is that you can learn to trade by yourself. Today you can get good trading course on the web, free or not. You have access to valuable resources if you take the time to select websites.
Now, what are we supposed to do with all this training and advice?
Well, if you want to succeed in the trade, regardless of the market, you have to learn to become a tradeur. You will develop your system, or a negotiation approach and adopt a good attitude through money management.
So as a summary:
• learn basic business books or online resources (technical analysis, etc.)
• develop your own trading system which could be as easy as efficient
• use a system of money management is a necessary condition to make your profitable trading system
• learn to behave properly during the trade (have you heard of emotional control ...)
When I use the word "system", I am not referring to any negotiation or a robot. Besides the fact that I do not support automated systems, it has been shown that the negotiation does not work consistently over the long term.
Why? We know that trends always repeat cycle after cycle so that we can imagine an easy way to take advantage of this repetition. The answer lies in human behavior in the market. Traders are filled with emotions such as greed or fear. While most traders now recognize habitual patterns and knows how to follow a trend, most of the time they allow themselves overwhelmed by emotions, when the market does not react as it should ...
This leads to the question of why discretionary trading work?
The approach is to follow a discretionary trading system (because you always need a system) through the human eye. A tradeur, controlling his emotions and objectively analyzing the market, has the ability to understand the market. It will be able to understand the excesses and adjust its trade accordingly.
A robot will enter a position when the resistance is broken or when a Fibonacci retracement of 38% was achieved etc. Of course, a tradeur will initially adjust the parameters of the robot according to its strategy. A discretionary approach will never win 100%. All tradeurs will suffer losses. It is part of the activity. If you do not want to lose, you should try risk-free investments with 2-3% per year.
But at least you can always control what you do, knowing exactly when is a good time to get into a position or not. You've obviously a set of rules, explaining when and how'''you enter a position, but you can adjust your strategy based on certain market conditions. Be careful though. You need to s' stick to the plan implemented when you develop your trading system and money management. It is a very important aspect of trading. But again, there is no automatic entry position. For outputs, it is a little different because you can set a profit target in advance and out of the automatic position. You will develop this in your rules of money management.
Stats backlink - Référents
| 16,053 |
I hope I gave you the desire to become a real tradeur using a discretionary approach, far from automatic systems that certainly does not. Exchanges can be fascinating, if you give yourself the means to do it properly.
Ingen kommentarer:
Send en kommentar