Posts Tagged simple trading system

Why I like Set and Forget Trading systems

Why I like Set and Forget Trading systems

You all heard about the trading pitfalls which cause you to fail as a trader... overtrading, undertrading, being too greedy, being too scared, changing your mind etc etc. The list of all the things which can go wrong trading goes on and on... however, there is a quick way to eliminate all this and that's by adopting a set and forget trading system. These are systems where you can simply plug in your order into the market and get on with your life. The order defines an entry for your trade, a st

March 10, 2011 1 Comment Full Story

The 9 to 9 trading system

The 9 to 9 trading system

So this is the official name for my new system that I am running on the blog. I call it 9 to 9 as it draws the high and low of the chart movement between 9am and 9pm GMT time. The breakout system then goes long if it breaks the upper bar and short for the lower bar. I traded it yesterday for a healthy profit. This system has a higher pip stop than my usual system so each trade is half the usual size which amounts to around 5% of my trading pot, money management is important! So today, the

June 10, 2010 No Comments Full Story