The moment you talk about a trading system, people generally tend to think of these systems as a sure shot technique to make money, or in other words, they approach these systems as a money-making machine. They expect profits to roll from the first trade itself. Unfortunately, it does not really work that way.
Remember, a trading system receives a bunch of inputs from your end, performs a set of task, and gives you an output. Based on the output, you then decide (or the system itself decides) if this is a trade worth taking or not.
If you realize, for the trading system –
- You give the system the inputs
- You design the system
- You decide to trade or not to
So the onus of making money really depends on you. The advantage of a trading system, however, is that – you only have to decide the logic once and then just follow the system that you’ve designed.
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