MYTHS, MATHS & METHODS OF TRADING: How to improve your trading results using 5 simple techniques

  Рет қаралды 1,875

FXStreet

FXStreet

4 ай бұрын

This webinar offers two benefits:
1. Information (education)
Alex will explain his semi-systematic, M.T.M.F. (multiple timeframe, multiple framework) trading framework.
2. Implementation
Alex will show you his trade setups for the coming week. Semi-systematic or rules-based trading refers to a trading approach that combines systematic (rule-based) elements with some discretionary decision-making by the trader.
This approach has several benefits:
Objective Decision-Making:
Semi-systematic trading helps in removing emotional biases from trading decisions. Traders follow predefined rules, leading to more objective and systematic decision-making.
Consistency:
Rules-based trading promotes consistency in decision-making. Traders follow a set of predetermined criteria, reducing the likelihood of making impulsive or inconsistent decisions.
Backtesting and Optimization:
Traders can backtest their trading strategies using historical data to assess their effectiveness. This allows for fine-tuning and optimization of the strategy based on past performance.
Automation:
Semi-systematic trading can be automated to execute trades based on predefined rules. Automation eliminates the need for constant monitoring and execution, reducing the possibility of human errors and improving efficiency.
Efficiency and Speed:
Automated execution of trades in semi-systematic trading ensures quick responses to market conditions. This can be particularly advantageous in fast-moving markets where timely execution is crucial.
Reduced Emotional Impact:
By relying on a set of rules, traders can avoid emotional decision-making driven by fear, greed, or other human emotions. This can lead to more disciplined and rational trading behavior.
Systematic Risk Management:
Rules-based trading allows for the incorporation of risk management strategies into the trading plan. Traders can set stop-loss levels, position sizes, and other risk controls to manage potential losses.
Scalability:
Semi-systematic trading strategies are often scalable. Once a strategy is defined and tested, it can be applied to different markets and timeframes without the need for significant adjustments.
Time Efficiency:
Traders utilizing semi-systematic approaches can save time on analysis and decision-making. The rules are established in advance, streamlining the trading process and allowing traders to focus on other aspects of their trading or pursue additional strategies.

Пікірлер: 4
@Daniel-ve8oi
@Daniel-ve8oi 16 күн бұрын
Very well done, CrucialPoint!
@smallbull6282
@smallbull6282 4 ай бұрын
Great one
@AlexSpiroglou
@AlexSpiroglou 4 ай бұрын
I am glad you liked it
@Anticipationtrader
@Anticipationtrader 4 ай бұрын
3. Which one
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