Best Forex System - Seven Steps to Your Holy Grail
The answer is a development of your own trading system.
Forex Trading Strategy is a set of rules under which the trader is trading on the Forex.
Developing of a trading style on Forex market is a complex process consisting of several interrelated steps.
This whole procedure is quite simple, if a trader accurately perform each step of creating a Forex strategy.
To achieve good results Forex system should be tailored to the temperaments and preferences of a trader who will use it.
The trader, who is developing his own trading strategy, should be familiar with the trading and the nature of the risk inherent in Forex trading.
Seven steps to build a best Forex system:
- form a trading strategy.
- write the rules of the system.
- test a trading strategy.
- optimize a system on historical data.
- trade Forex market using this strategy.
- track the effectiveness of trading and compare it to the test.
- refine and improve your best Forex system.
Sure, you will have losses, but the main aim is to achieve positive result in the end of the month.
That is how you can calculate the effectiveness of your system! This is really a valuable information.
So do your job and create your own trading style.
Don't listen to different "Guru" that only want to sell their system or educational services.
Do your own!