Not sticking to a trading system can be deadly to your trading. The key to successful trading, once you find a system that works with your style of trading, is to stick to the system. Don't deviate from the system.
We recommend sticking to a system for 6 months so that you truly know whether the system is good for you or not.
I see many new trader give up on trading systems and they go from one to the other so quickly when they really might have had a good system. They might not have realized that it was them and their emotions that was causing the system to fail.
Just because you lose on some trades doesn't mean the system is bad. It's important to realize that you could be causing the problem!
Wednesday, August 26, 2009
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