Mechanical Trading Systems
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There are many different Forex trading systems, and none of them wins 100% of trades. If you have a system that wins 65%, it’s already very good. The problem with most of the systems is that they are too complicated and use too many different indicators. They are very confusing.
Some traders who even have a good system loose because of greed or fear. When they win, they become greedy and want to win more, so they don’t wait for a good trade, but they force a trade and loose.
The traders who lost a few trades in a row are often afraid and they miss good trades.
So what is a good trading system?
Forex Avenger presents one of the best mechanical systems here
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