November 18th, 2016 → 4:12 pm @ reacoms
Futures trading systems can only succeed if they are followed thoroughly, and to do that you must be relaxed with your system and have confidence in it. Without confidence, the trades will not be executed consistently and there will be a second thought to many of the signals generated by your technical analysis and trading systems. The only way to get confident in WinTrader Trading System is by carefully testing the trading system by following the instructions provided along with trading systems which will help to boost necessary level of confidence to take the generated buy / sell signals with your WinTrader Trading Systems and Technical Analysis Software prior to the first actual trade in future markets like FOREX, MCX, NSE Futures, COMEX, etc.
A better trading system not only helps to develop the serious element of confidence but allows for customizing the system to suit your personal preferences while in trading. For best results, WinTrader Trading system designed to fit the character of the trader who using system for trading. WinTrader Trading Systems are designed with the concept; the trader who using the software will have an intimate acquaintance with the rhythm of the trading, as well as with the nature of the risks inbuilt in the procedures that must be followed. The trader then will be much more likely to follow the system at critical occasion, we believe in this principle. If two traders are using the same system and it is the type of system that encounters frequent losses, one trader may be able to accept those losses and keep on trading, while the other might lose confidence and decide to quit. One trader will be a winner, and the other will be a loser. One trader will claim that it was a great system, and the other will claim that it was a failure – and both traders will be correct in their assessments, but what actually happened. The winner follows the system in 100% and he or she had trust in trading system but the loser won’t.
As we can see, because trading in financial market is so highly personal, the best system for one trader may be totally unacceptable to another. There are many numbers of elements of a trading system where individual preferences can come into play. For example, some traders are not comfortable buying on strength or selling after an extended decline. These traders can opt to design a system that buys only after a decline and sells only after a rally. Many traders who hate the whipsaws that can occur with close stops will prefer to develop a system that has very wide stops. Some traders will require regular activity from their system which means they need regular buy and sell signals, because they need the constant action of being in the markets, while others will prefer to be very patient, cautiously entering the markets only when the opportunity seems nearly perfect, they are the best players.
Win Trader Trading Systems has been designed with modest profitability with minimal draw downs. The institutional and public investors are probably best served by WinTrader Trading Systems, because they are generally anxious skeptics who are likely to withdraw their funds or switch advisors at the first signs of hardship. Individual traders who have the benefit of this trading system may well want to abandon the vigilant approach and seek to make as much money as fast as possible, with little concern for the psychological and financial impact of rigorous draw downs.
Making of a good trading system is a continuous series of interrelated decisions; need to consider several factors, with each choice offering both a benefit and a cost. WinTrader Trading Systems are designed with prudently evaluate many alternative solutions and carefully weigh each benefit versus its cost. The secret to ultimate success will depend on your ability to precisely select procedures that will provide the desired results at the least cost while conforming to your personal preferences in system characteristics. For example, avoiding whipsaws can easily be accomplished by widening your stops. However, the price paid will be the disadvantage of suffering larger losses. The perfect technical analysis system will attempt to solve this problem by coming up with the solution that avoids the most whipsaws with the least increase in the size of losses.
To make a successful trading system like Win Trader, we need to become familiarized to thinking in terms of accurately identifying the problems at each step and then selecting the most suitable solution from the many solutions that are available. Since there are numerous solutions for each problem, we must select the most suitable answer in terms of personal preferences, system goals, accuracy, performance and costs. We hope our simplified step-by-step approach in WinTrader Trading Systems will guide the trader to be a profitable and professional successful trader and make regular income from trading in future markets in Commodity/ Stock / Currency segment such as MCX, NCDEX, NSE, FOREX, MCX SX, COMEX etc.