Posts Tagged trading systems
Hi All,
I'm proud to present to you FINALLY my Trading Systems book on Amazon! This is a collection of the Trading Systems which I've tested and used over the span of 7 years since I started this blog.
What I have learnt about trading is that you need to find a system that suits both your personality and the time you have to trade. This book caters for this... if you're someone who is time limited and only want to put on trades with minimal management or someone who wishes to place trade
May 28, 2014
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Today, I took a trade using my usual support/resistance techniques. I had seen that WTI Crude had some trouble around the 100 mark and also had penetrated the Daily Pivot and looked like it was to fall. This was a pure price action trade and I went short at 99.82. My initial target was 97.55 which is around 230 points.
However, I've also been looking at another trading system lately which was sent to me by a friend of mine who I know has been doing very well. When I looked at the WTI Crude Oi
December 14, 2011
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Something which I find myself pondering is whether I should trade my own system or just rely on someone elses alerts. I'm in two minds about this...
I list my pros and cons of each below:
Your own Trading System
Pros
It works with your personality, your risk ratio, the style of trading you like etc. You designed it, it is tailored for you
It is satisfying to have designed your own system
It's your systems to keep... you will always know how it works and can always trade it
April 25, 2011
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