Friday, January 30, 2009

Requirements for the trading system

Requirements for the trading system in the process of designing.


An important element without which the design of the system has proved to be not complete a psychological and capital trader. What is behind these resources? As has been discussed in the first chapter of the work, self-trader, and the ability to control their own behavior and emotion plays a significant role in obtaining profit and loss-making positions, as well as frequency of transactions. Trading systems are not self-sufficient after their launch, they can be interrupted at any time at the request of the trader, obessilivshego of the type of damages or the number of open positions in several markets. By virtue of this system is necessary to conform to a type of trader, the type of character.

This is very important, because otherwise even staying in the position of the trader will have an unspeakable delight of the type of profit more than he could count, or is in deperssii, the type of loss more than they can accept. These emotional states are equally bad effect on the psychological balance, and contribute to early care trader from the market. It follows from this fact, according to which it is important to focus the system on their own perception of the market, or customize your own perception of the market on the behavior of the system, otherwise there is an imbalance leads to early exit from the market.

Next type of restrictions on who is worth paying attention to is the capital trader ¾ the amount of funds available to the trader and may invest in the market. Most Western traders tend to figure at 25,000 U.S. dollars ¾ svoeobraznomu limit below which the chance to reach a positive income is very low due to the payment of commissions and slippage. If a trader is below the specified amount of money that the only possible way out could be a breakdown in trade with the placement of a very narrow defense suspensions, but this method is almost no trade in the form of implementing the system, and implied a subjective approach.

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