If your once working Forex system let you down




I forgot to mention a solution to my previous post, where we were mourning about the beloved and failed Forex system. You saw it was working earlier, right? Unless it was a dream… Then it MUST work now. Just note what conditions were at that time when the system performed extremely well. Write it down and use the system when the time is right.

For all other situations in the market, you, my friend, have got to develop ANOTHER system.
Losers don’t do that. Lazy losers want a single system to do miracles all the time. Don’t be one of them.

See, you are now becoming a Forex system developer, that’s a real profession! Don’t worry if you end up with 3 or 4 different Forex systems that will work only under specific market conditions. It is, actually, a very healthy thing to do! I have and trade as many as 4 systems, where each one is fit for a specific market condition.

My dear friend, stop crying and blaming the system that let you down, it cannot be your winning card forever; develop other approaches, then may be one day you’ll hear: “Hey, this guy/girl uses his brains the right way!”

** Forex Dark Lord **

2 Comments to this post

  1. Thanks, Now it make sence, since seeing your system performing well one week and failing miserably another week is painful.
    If I got you right we should be making different systems for trending markets and coiling markets?

  2. “If I got you right we should be making different systems for trending markets and coiling markets?”

    All that and more. Be a swiss army knife, not a broadsword.

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