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Old 24-02-2005, 15:27   #92 (permalink)
umber
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Re: The Best Way on Forex

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Umber


Quote:
Originally Posted by bearprofits
Mishak Hi,

Good question, developing your own system gets my vote. You can borrow, change, tweak ideas and settings from other systems, but in the end you need a system that:

a. You know like the back of your hand, why it works, win/loss ratios, backtested, average profit expectations, max drawdowns ect.....

b. Fits your personality for time and risk tolerances.

c. Gives you the security, or belief in the system, that permits you to trade it with real money.

Just trying to trade someone elses system or reco's in my mind always leaves a doubt, and this leads to always looking for greener pastures.

Just a poor bear's thoughts

Last edited by mishak; 24-02-2005 at 16:12.
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