Thread: Frustrated!!
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Old 10-02-2009, 01:39 PM
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Jang Jang is offline
 

Join Date: Mar 2008
Posts: 1
Default Frustrated?

Hi all,

I think this is my first post here but I've been around for almost 2 years but never had something to say.

First of all I feel the same as the person who started this thread, I've been going up and down with good earnings and bad looses, I went from test account to live account and back to test account.

I've found crappy system, decent systems and very good systems, I've tried them all. At the end I figure that no system is BAD, the problem is the trader, basically a system that is good for somebody is not necessary good for another person, because we have different minds and different interpretations.

I was trading mainly with the CWB system, but it was not profitable for me, even if it's doing pretty good for some other people (or at least they claim that it is good), the style that it uses don't suit with my style so that's why I decided to take different Ideas and develop my own system.

For now it was working really good for me, not giving huge amount of PIPs but the earning were decent and constant (test account), unfortunately, I decided to go live last monday, but since the market was un-stable, I ended with 2 bad trades which took me back to test account so I can see what's wrong.

After all this talking, basically what I think is that:

1. Not all the systems are for everybody.

2. A lot of people think that being a TRADER means reading babypips.com's school and going to the forum to search for "Magic systems", basically THIS IS WRONG. You can test other's systems, take some ideas from it BUT NEVER based your trading on it. Being a trader means a lot more than that, it means Research, read and understand the FX world, understand how a system works, and why price reacts bullish or bearish.

3. There's a lot of stupid people waiting for somebody to post a system and force them to show why is this system profitable. I;ve seem a lot of people asking for probes, account history, etc to make sure if a trader is really success with the system that he/she is sharing. Be serious guys, if a person come to share a system that he hardly build, be thankful and at least take your time to test it and see for yourself if the system works or not.

So DON'T spect that somebody will post a magic system, DO YOUR JOB and read read and read, and last but not least: BUILD YOUR OWN SYSTEM.
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