Trusting Your Trading System

[mgroupfx]

When is a major problem to overcome distrust in your system leasing to a never ending search for a holy grail system

Advice : Be consistent (Trust Your System)

Symptoms of System Distrust
1. Hesitating leads to under trading which results in poor results.

2. Pain of losing trades. The system is not a predictor of certainty it's an advisor of probability what is more likely to happen than what is garanteed.

3. Quest for perfect system
Financial education as a market has more false gurus commonly known where there's a high concentration of money scanners dwell

 

[Fin_Trader]

As they say: trust, but verify. Any trading system needs testing and verification, and only then, after analyzing the trading statistics, can we talk about its quality or profitability. Therefore, it is better to first test some system on a demo account and get a feel for its performance in order to clearly know whether to trust it or not when trading with your real money.