Generally ones that use indicators (oscillators, etc.), and are not commercially sold, such as those that can be programmed on tradestation. Thanks for your help!
Trading indicators are best used along with money management and good risk control, using trading indicators alone will not enable you to be a successful trader, even if you learn everything about trading indicators the market is just too random and unless risk is controlled, over time your account will slowly get wiped out, regardless how good a “trader” you think you are.
This question was about trading indicators and there have been some pretty good answers that should help in your trading, and especially in relation to trading indicators, the answer has been posted in the categories listed below:
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that depends on the man who is doing the trading.
There are all kinds of systems. The very best numbers I have heard of are around 1-2% a day on average. I believe that was achieved by Blair Hull using options. Thats extreme and cannot be kept up as liquidity issues creep up in about 2 months as size increases. High end systems should give you 10% to 20% a month.
hey kevin…
There are two factors on which the returns depends:
1. Trading style: If you are an aggressive trader, takes risk, balance portfolios well, keep track of the market news, have experience then you get high returns.
2. Trading platform: If you are working with a easy-to-use trading platform system which charges low brokerage and gives various facilities like timely updates and tips, also manage your account well do contribute to your gains.
When i started trading, i was totally confused about the system i should use. one of my friend asked me to use finexo. from that day i am using this system and finding it suitable to my trading style. these people charges low fees, connect our portfolios well with the market and thus contribute in our profits. My Average monthly returns with finexo is 11.5%. Which is pretty good compared to other systems who promises something else and the reality differs.
Friend i am no advertising anything. this is what i experienced it and i am sharing with you. though some features of finexo are not very competitive and has a scope of further improvement. but the basic requirements like timely market news and trading tips, expert views, fund managers, technical analysis charts are very well formed and managed by Finexo