1. Trusting the system is the most important thing in trend following trading.
2. Trust will make you to take action regardless of how robust the market situation.
3. Trusting the system is not something that can be developed overnight
4. Based on my experience, I need 1 year to feel comfortable with my system.
5. During this one year period, I am trading demo account using same number of pairs, same trading size.
6. After one your then I know the behavior of my system after going through the tough time in the market.
7. Anyway, after having the system then trusting the system, there's one more important element that will make you survive & make money.
8. That important element is "Money Management" , I will explain how money management play vital role in trend following trading in my next post.
No comments:
Post a Comment