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Do you know what a system is?
Well maybe different people have different ideas of what a system is. But let’s look at a system is from the business world’s perspective. In a business, a system is a set of rules of operation are treated very seriously and the system is usually enforced throughout hierarchy of the company in traditional business. Sometimes that system is put into one big operations manual so the employees of the business can simply look at the manual and do what it says thereby taking actions that can put the business and a good probability position for succeeding, based on past performance of doing those actions.
A system is a pre-figured out set of rules designed to help provide a more consistent outcome and dependable result.
In trading we developed these trading systems because of the nature of the markets and how they move and the nature of the markets in terms of our interactions with the marketplace. If you’ve done much reading about other traders historically in their success and failure stories you’ll realize that there’s a lot more to the markets than just entering an exiting trades by feel. There are many more dynamics involved in trading and those dynamics usually trip up most people. But those people usually have not learned how to trade correctly nor are they running a simple system.
And so these trading systems are designed to take all the complexity of analyzing the markets in real-time of these and the emotions out of trading so an individual has a simple set of rules so they can simply execute those rules and potentially produce a lot of profit over time for potential extraordinary trading account growth.
You can get started with a trading system for stocks or options right here. The systems are in the Options Weekly Paycheck style and are very solid and well thought out. You could potentially do very well with the simple execution of one of these systems over time.