SYSTEM DEVELOPMENT
We are in a constant research of the markets with the target of obtaining new ideas that make us possible the development of skills and strategies of trading. In this context we differentiate three very important aspects.
Entry managment
To define which is the entry strategy is not a simple task, there is numerous methods that we can use to decide the entry points of our system on the market, apart from defining these skills, the important point is to choose the right moment to enter on the market, the key of the success of any system is to enter in the appropriate moment, that is to say neither prematurely because we will enter in very small intraday movements that possibly will finish rapidly nor entering late when the movement is almost finished
Exits. Profit protection and control of losses
The management of the exits is as important or even more as the earnings, to find a good strategy of exits will change our system into a much more efficient one. We will be able to define exits for protection of benefits, stops losses and oscillator signals.
Money Management.
Money managment, it define a methodology to protect the benefits, manage losses and it also can establish the "size" of the entry according to the probabilities of success.
There are two very important aspects that are the control of maximum losses and the protection of our benefits:
1.-We will have to establish losses stops in all the systems in such a way that we never risk more than 2% daily with regard to the capital destined for every system.
2.-To take benefits, it will be necessary to establish systems that allow us to take benefits in certain points, by means of stops, trail stops, etc .. we all will be able to see the these ones in technique of Trading.
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