Do 100 Percent Accurate Trading System exists ?

During my interaction with traders during my trading course,I came to know most of traders who loose money will keep changing their trading system the day it give them a loss. Till its milking money traders stick to it, but if 2-3 trades goes wrong they will keep the trading system on back burner and start searching for new one.

This whole attitude of changing the trading system is one of the biggest mistake of traders.

Traders will search through trading forums to find the next best trading system which will help them in earning profit they seek. Trader will try the new system again for few weeks and again once the system give 1-2 loss making trades , the system will be dumped and search for "next best trading system or trading indicator" will begin and the same never ending cycle will keep going on and on.

To stop falling in trap of such vicious cycle, Trader need to let go of the thought there is a "Holy Grail" system or a fool proof trading method which will win 100% of time. "Holy Grail" system has never exited till date and it will never exit. Now when u try to explain this to trader, 50% still do not believe me.

I can sense them thinking..

Continue Reading