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Showing posts from July, 2020

Do I need a trading system in trading?

 I believe that having a trading system is an important step on the way to successful trading. Even if the system doesn't work for the first time, it's already started. It is impossible to trade profitably on intuition. Only having clear decision-making rules can lead you to success. Trading includes more than just trading. This is also a rather tedious process of collecting and processing statistical data. If you learn how to collect and process information correctly, you will succeed in this field. With strict discipline, of course. Since if a trader is driven by emotions and constantly violates the rules of the trading system, then he will definitely never achieve the result. It is much better to follow the rules of the trading system and not earn, than to not follow the rules and not earn. In the second case, you will definitely not get the result. And in the first case, if you follow the rules of your vehicle, record all transactions in as much detail as possible, analyze

How many instruments is it better to trade on the Forex?

I am often asked the question:  what asset should I trade and should I make a selection or focus on one instrument? . I will try to answer this question. I will immediately note that I am not a supporter of trading one instrument. Even if you are a beginner, you can trade everything, but for the first time, you can use the most liquid top futures and stocks. And do not take expensive tools, such as the RTS index. Although it depends on how much capital you have. For someone, the amount of 1-2 million rubles is absolutely not significant. In this case, you can also enter the American market, if it is suitable for the trading time. How many instruments is it better to trade on the exchange - one or several? Why do I need to make a selection? So, as far as you know, the market has two States – sideways (accumulation) and trend (distribution). For the most part, it is located in the sideways direction and spends 30 percent of its time in the trend. And first of all, positional trading (sho