(Newswire.net — June 28 2013) Chicago, IL — Stock portfolios have been hit hard in these Obama decession (depression + recession) years and investors are looking for new trading strategies. System trading offers traders an alternative way to trade the markets.
Many people are turning to trading systems as a new way to trade. It is always a good idea to have a plan in any endeavor and in the investing arena a trading plan is essential. To take trading to a much more sophisticated level some traders prefer to use trading systems to make the trading decisions for them.
A trading system is similar to a trading plan with a strict set of rules for entering and exiting the markets. Many trading systems are based on two or more technical analysis indicators to identity buy and sell points. In fact, trading system software can actually enter and exit trades automatically.
Fear of loss is an emotion that can greatly affect many traders decision making process and lead to more losses. Since trading systems have a predetermined precise set of rules, system trading can help to take emotions out of the trading decision making process.
However, this way of trading is not a holy grail and losses can occur depending on many factors including market conditions. A system performance can be greatly affected if the market is bullish or bearish or just flat in a trading range.
If a trading system is employed, it is imperative to test the system thoroughly in a demo account for one to three months before risking any real dollars.
Traders have a choice, they can both design their own trading system and have it programmed to trade for them automatically or they can purchase a system.
The new blog will have articles, books and videos about designing your own trading systems as well as information about trading systems that can be purchased from professional system traders.
New Way To Trade For System Traders – Copy Trader!
The eToro Copy Trader enables people to copy the trades of professional traders. eToro claims that 85% of these copied trades on their platform are profitable.
To find a trader to copy on eToro’s network is easy. Traders can be evaluated by the number of copiers they have and also by their gains, losses, profitable weeks, drawdowns, closed trades and risk reward factors.
For more info about System Trading and the eToro Copy Trader Program please visit TradingSystems.com for more info.
Author: Guy Edrington is an independent journalist and president of New World Trading Ltd.
Media Contact Info:
New World Trading Ltd
TradingSystems.com
8326 Albert Bouwers Circle
Ottawa, Ontario
Canada K0A 2P0
Telephone: 1 613 821-4883
Disclaimer: Trading is very high risk and can result in the loss of all of your investment. Read the complete disclaimer on the site.