Forex systems are essential for
Once you have done all the hard work and developed a robust, profitable system it is time to set it loose on the market. But remember, the hard work does not end there. Once the system is in place, it is important to follow some rules to keep it ticking over. Remember that theory is nothing without practice, so make sure you use a quality trading platform such as MT4 provided by FXTM.
The reason why you designed a Forex system in the first place was to be able to take unbiased trades in the market without having to worry too much about whether you are right or wrong. With that said, why do you constantly feel the urge to override the system and take different trades. It is undoubtedly the wrong way to go.
If you have a trading system you have spent time on and feel confident in, the number one rule is to stick to it at all times.
Just because you should stick to the system at all times does not mean that you should not monitor what it is doing. It is always a good idea to check up on the system to see what trades its taking and to make sure it is working how you thought it would. Sometimes the code you created might not work the same on real markets due to price slippage. Always keep an eye on your trades and make a note so you can make any changes in future designs.
If you are running an EA (expert advisor) it needs to be run at all times. That means you need a way of keeping MetaTrader and your computer on at all times. Sometimes you will read that EAs will keep running even if you turn off the machine but this is only true for some expert advisors; those that are built into a VPS server. MetaTrader connects to a back end broker seamlessly, but most EAs need to be kept on throughout the trading session.
It is a good idea to continuously
If there are, you can set about making changes to your system but, remember you will have to go through the same processes as before to make sure the system is robust. Whenever you make changes to an existing system you should only do so very slowly.
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