When you are looking at forex systems, one of the factors that you might see mentioned in a good system review or summary is drawdown.
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Forex market can be either in trending or ranging conditions. It is quite difficult to make a trading system work for both conditions. There are many trading systems that work in trending markets, such as swing system and breakout system. I would like to focus on range trading systems here. Most people when they first come to trading Forex start jumping form one Forex trading system to another as soon as it gives them a losing trade. I was one of such traders. I was looking for the perfect trading strategy that never fails. I know by now that a trader can be successful regardless [...] |
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