View Single Post
  #3 (permalink)  
Old 12-09-2006, 01:07 PM
scorpion's Avatar
scorpion scorpion is online now
Administrator
 
Join Date: Aug 2004
Posts: 1,992
Thanks: 125
Thanked 383 Times in 152 Posts
scorpion is a splendid one to beholdscorpion is a splendid one to beholdscorpion is a splendid one to beholdscorpion is a splendid one to beholdscorpion is a splendid one to beholdscorpion is a splendid one to beholdscorpion is a splendid one to beholdscorpion is a splendid one to behold
Send a message via MSN to scorpion Send a message via Yahoo to scorpion
Default

All of the points sum up with "get yourself a working system". Without a working system, chart is just chart; therefore, you're in suicidal trading.

A [trading] system must answers the following:
  • When to enter?
  • When to exit?
  • Trade size?
  • Maximum loss per trade?
  • Maximum loss per week or month?
  • Target profit?
  • Backtesting result is GREAT!

Last edited by scorpion : 12-09-2006 at 01:14 PM.
Reply With Quote

Registered members have access to special online forex currency trading tools, software, mt4 expert advisors and indicators. Register now