When I first started to trade the forex market I was all "caught up" in this idea about having a trading system. It sounded so good to have a solid system to follow. No need to make any decision, just follow the system. Consistent profit over time. I even heard some banks use them.
Then I learned they could stop working. You would have to be able to construct a new one. You need to know when to not trade your system, for example during macroeconomic news. Perhaps you need two or more…Continue