What is a Trading System and why do you need one?
A trading system is a set of clear rules for entering and exiting the market. It includes:
Strategy
Risk management
Psychology
Technical parameters
Having a system prevents impulsive decisions and allows you to evaluate your performance.
Advantages:
You trade with logic, not emotions.
You can optimize it over time.
It increases your consistency and control.
Keyword of the day: System = Your compass in the trading world.
Do you already have your own system?
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