Define the word SYSTEM as it relates to your trading

Discussion in 'Strategy Building' started by scalper21, Jul 16, 2006.

  1. This is a crucial point that separates one kind of system from others.

    If you let a indicator like MACD or whatever, dictate which market to trade then its really like a scanner mor than a system.

    Other systems have more focus on specific markets.
    #11     Jul 17, 2006
  2. Thanks for the quote.

    Because I see it as being the opposite.

    Because of the RANDOM nature of the markets, and the fact that you have soo much money moving them back and forth at any given time, no System will guarantee that you make money (at least none that I know of), however, if you have a good System(s), you are pretty much guaranteed to NOT LOSE TOO MUCH!.


    #12     Jul 17, 2006
  3. Agreed
    #13     Jul 17, 2006