We always keep looking for a better system, risk reward ratio, money management system, mentor or any kind of information which will provide us an edge to make the killing in the market. When we find one then we will started looking for a new one. But we always fail to follow the system which we have in our hand and this situation leads us toward frustration, depression and always made us feel that we lack something which is important for success in investment/ trading world.
It has been proven in last few decades that any normal system will work in the market very well if you stick to it for a course of time and follow it rigorously. You can have best system in the world but if you are failed to pull the trigger at the right time as per asked by your system then it is inevitable to have losses.Systems are usually not good or bad but people who are using the same, make it successful or failure. When you will talk about a certain system with few people then you will come to know that it is working very well for some people and not working for the other one which only indicates that the tool is not that important but the people who are using should be blame or give credit.
So the only system which works in the market is Discipline. It is the first and most important basic building block of any system to follow your trading plan or trading methodology as you never forget to take a breath. If one follow any system without any exception and discretion then he is certain to have profits in the long run.
It has been proven in last few decades that any normal system will work in the market very well if you stick to it for a course of time and follow it rigorously. You can have best system in the world but if you are failed to pull the trigger at the right time as per asked by your system then it is inevitable to have losses.Systems are usually not good or bad but people who are using the same, make it successful or failure. When you will talk about a certain system with few people then you will come to know that it is working very well for some people and not working for the other one which only indicates that the tool is not that important but the people who are using should be blame or give credit.
So the only system which works in the market is Discipline. It is the first and most important basic building block of any system to follow your trading plan or trading methodology as you never forget to take a breath. If one follow any system without any exception and discretion then he is certain to have profits in the long run.