If you trade futures, stocks, FX: do you use the same Trading System or a different system for different markets.
Also what is/are the Trading System that you use for each market:
1) one you bought off the shelf;
2) put together yourself from existing indicators & techniques (ie MACD, Moving Averages, Chart Patterns, etc);
3) developed entirely by yourself through mathematical programming into a new proprietary system
Not fishing for the secret all infallible holy grail of trading system (if it even exists).
Just want a simple answer like:
I trade using point (2) using candlestick patterns and moving averages as trailing stops. Use it to trade FX.
Dont need to know the time period of your moving averages or secret mathematical formulae you’ve programmed into TradeStation or MetaStock.
Trading indicators are best used along with money management and good risk control, using tesnical indicators alone will not enable you to ne a successful trader, the market is just too random
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I currently trade both Stocks & the Forex market both on the same platform. It’s provided through EFX Group. You can check them out @ http:ISB.EFXGroup.com
They offer tight spreads and flat commissions.
you can used (MACD, Moving Averages,stochastics,candlestics Chart Patterns, etc)
Traders are taught that the Holy Grail to Investing doesn’t exist. Real people were taught that all the planet’s move about the earth, don’t go to far out into the ocean(you’ll fall off the earth), on and on……….
When one looks outside the box(inventor), goes against the group(thinks for self), said they found(developed) something that is supposed to be impossible(airplanes), they were once killed. Now these people are called bad names and delegated to be unheard, and ignored group.
The ultimate business solution. The ability to cut the cost of any business expense, or just plain invest.
I developed multiple arbitrages that enable me to trade(not invest) in the financial markets, without risk(The Holy Grail to Investing), or arbitrage that anyone can do. Over 30% a year.
Thomas Adair
thomasadair@live.com