Foreign exchange novices on the trading system misconceptions
foreign exchange trad rebateforexg rebateforexfee rebateforexbroker very important, but by no means based on the fundamentals of the foreign exchange cashback forex we came here for the purpose of survival to make money, Forex Rapid Rebate then live a rich life is never for the perfection of the foreign exchange ForexRapidRebate system, not to mention the foreign exchange market itself is not symmetrically balanced know how to hold on to the defect to gain Many people in the foreign exchange trading system after continuous losses, they will begin to doubt their trading system shaken Or lose confidence afraid to do single according to the system, some of them are a big mess faint tricks repeatedly, they had hated to cut the commandments specified in the will to the back of the mind and then what ...... Some people began to create their own new system, repeatedly pushed, after the framework is shaped, and then take out 4, 5 years ago the market record, picking the light to confirm the degree of hard work than its year to deal with the college entrance exams by more than some other people, although the system apprehension, and do not want to give up, how to do? Optimization here to add a condition, there to change a cycle to the original system to change the face, long away from the original concept of the system and some ridiculous people, repeatedly defeated, exhausted everywhere to visit the sage to find friends, at great expense to purchase an advertisement claiming that the money-printing machine super system A time of eight immortals over the sea, the gods and ghosts retreat k line, average, pagoda line; Taoist, nuns flying all over the world to do the most clever and intelligent things, giving full play to the The subjective initiative of the people greatly reflects the world is not difficult, as long as the willingness to climb the valuable spirit of scientific research, after the heroes of all walks of life, each carrying an original weapon, strengthen the version of the Dragon Slayer, heavy buy Katyusha gathered in the market, and then fight the jungle unknown after a period of time, the new weapons and continuous losses let people depressed, the original system began to continuous profits, excellent performance So, a new round of scientific exploration and The culmination of the wind of courtesy and virtue is coming again ...... The people who are really familiar with the way of the market, is not for the system of continuous losses feel uneasy, for them losses and profits are as natural as breathing any set of ordinary or even garbage system, in their hands will be transformed into magic, turn losses into profits they do not have a mysterious weapon in their hands To give an example, involving a simple but very classic trend system Larry Williams had made hundreds of millions of dollars in the speculative market One day, a man approached him with a sad face and said: a year, I follow the discipline, timely stop loss, never trade chaos (this point is better than some of us), but the overall loss my forex trading system is wrong Larry said: give me a description of your system man said: this system is very simple, follow him to start describing 1, the days closing price is higher or lower than the highest or lowest closing price in the previous five trading days (as a result of this) or the lowest closing price (to confirm the short-term market trend; use the closing price is to confirm the trend formation, not to be fooled by a random breakthrough, that is, to avoid what we call a false breakthrough) 2, the closing price on the day or the next days opening price to buy 3, two trading days later, regardless of losses and profits to close out the position on these, the man finished and added: there is one more point, this is common sense, I set a stop loss of 30 points to protect my Larry heard him out and said: "This is a great trend forex trading system, it fully embodies the concept of trend, and concise dude said: "But I still lost money so Larry and he together with his trading records for a year records show that the dude very faithful implementation of the rules of the system statistics do average $25 per single loss (average per single is the sum of all losses and gains divided by the total number of Larry said I will help you look at, a week later you come back buddy left Larry the year of the species of daily K-line chart market records away A week later, Larry put in front of him three simulated trading records the same time, the same species The first and his in and out of the position at exactly the same price, but the average single earned $ 15 This is impossible, buddy said Larry replied: This is nothing, I just after three consecutive losses The second one is the same, but the average profit per single increased to $40 Larry said: This time I did not raise the bet, but I set your stop loss from 30 points to 80 points buddy asked: more than 50 points to lose but earn more? Larry explained: Yes, I avoided the random fluctuations of the market, and your 30 points are in it, when you lost 30 points to exit, the market resumed the trend for my profit, of course, a few orders did lose 50 points more than you did The third copy of the same, the average profit per single to a staggering $ 85 Larry said: this time using 80 points stop loss, three losses and then raise one-half of the same system different people operate, showing the difference The same system is operated by different people, showing different results of the system to turn losses into profits Larry Williams showed a deep understanding of the speculative market and skilled money management skills No forex trading system is difficult to make money in the market, its importance lies in regulating, stopping the blind trading of investors, rather than its high win rate and perfect of course, with the exception of the sixth sense of genius, but this feeling is too illusory, how to maintain it? Such as like Duan Yus six chakra divine sword, when the spirit when not, would not be a big deal?