Thread: Best simple trading system for a kind of a newbie

Hey guys I've on this website for a while, but haven't been around in while, and haven't traded in a year. What is the very best method I could use to exchange, and trade successfully.

First of all, I want to say there is no best system for all. It'll be best for all, not necessary although 1 system may be best for you personally. It's possible to use http://www.avafx.com/Meta-Trader-4/. It's preferred by most of the traders. To trade successfully, you need to be well knowledgeable about profitable egies, tools, appliions and latest market news.

It's much better to keep things simple consistently. Follow the trend, never fight the trend and try to grab the ground anytime. It's possible to use few things like MA, Stoch, MACD and never forget your trendlines, they're the most simple and effective tool. Best to have higher time frame, avoid going below 30 mins TF, unless you're scalping and you know what you do.

Cheers!

Yeah, it really depends, you could discover tons of simple egies out there, but the tough part is to start looking for a egy that is suitable for you, just follow the fad and remain secure, two or three pips are not bad as long as you are on profit, and also prevent being to greedy. Oh and yeah, I say intuitions would be the signs of TROUBLE!

I think that trend trading is something traders could ch on easily. For me I love to use trendlines, SR, pivot levels and sometimes Fib levels coupled with candlestick patterns. It gives me clarity and very clear leadership based on higher tf trends forming.

And as the others might mentioned that there is really no best system out there, the only'best' system is the system you're comfortable trading with comparatively profitable consistency and most likely the 1 that you have modified from or developed .

However, should I find myself'absent' in the market a long time, I will frequently return to the fundamentals of trading plogy, then read up books and watch the markets prior to getting into the'style' of trading.

Originally Posted by ;

It is much better to keep things simple always. Follow the trend, never fight with the trend and attempt to ch the bottom anytime. You can use couple things like MA, Stoch, MACD and never overlook your trendlines, they're the most simple and efficient tool. Best to have greater time frame, avoid going below 30 mins TF, unless you're scalping and you know what it is you do.

Cheers!

I agree also, keep things simple will be easy, sometime after remaining at display too long, will start to outside of forecast if using too complied way...

I recommend http://www.bestfxtradingsystems.com/...rading-system/ because the simple system/method. Because you can use it on almost any time period, any pair and you do not get overly depend on indiors so much. When you are becoming familiar with it you're free to create it to your own trading system, it is extremely adaptable.

Here's what people say:

Originally Posted by ;

I feel that is a fantastic sort of trading system, and that I understand from my own personal experience it can be always profitable.

But it is not intrinsically an indior-based system, whatsoever.

It is using price information. It is utilizing specialized analysis, for certain. However, not all analysis entails indiors.

Hope this helps...