Zap Seminar – Joe Rushing – How to Develop and Find Trading Systems that Work

$9.00

Zap Seminar – Joe Rushing – How to Develop and Find Trading Systems that Work

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Category: Trading Stock - Forex

Description

Description

Zap Seminar – Joe Rushing – How to Develop and Find Trading Systems that Work

A trading system is simply a group of specific rules, or parameters, that determine entry and exit points for a given equity. These points, known as signals, are often marked on a chart in real time and prompt the immediate execution of a trade.
Here are some of the most common technical analysis tools used to construct the parameters of trading systems:

Often, two or more of these forms of indicators will be combined in the creation of a rule. For example, the MA crossover system uses two moving average parameters, the long-term and the short-term, to create a rule: “buy when the short-term crosses above the long term, and sell when the opposite is true.” In other cases, a rule uses only one indicator. For example, a system might have a rule that forbids any buying unless the relative strength is above a certain level. But it is a combination of all these kinds of rules that makes a trading system.

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