The Secret Trading System

There is no such thing as the magical secret trading system that is the ultimate answer to the markets. All trading systems have their strengths and weaknesses.

Many Gurus’ out will try to sell their products by talking about a secret trading system that cannot fail. It supposable is the insider trading system that only a select few know about, and those who do know don’t want you to know. Actually what these “secret” systems are, are just different versions of the same trading ideas and rules that you can find all over this site.

There is no secret out there that only a select few know. And if there was it wouldn’t work. It takes a large number of traders to move the market. One or two traders that have stumbled upon this amazing secret will not be able to move the markets in either direction by themselves.

Are there systems out there that work? Of course, but no trading system is absolute unstoppable. One trader might do well trading a system but do terrible trading another. Another trader might have completely different results.

In fact every trader will get a different result in the market, even if they manage to copy someone else’s approach. It all comes down to your own personality. Trading requires you to use less emotion and act more like a computer, but everyone is still different.

Some people might prefer to stay out of the market when times are volatile in order to have less stress trading. Others might decide that if their system works in the long run they might as well stay with it and keep following their trading rules during a volatile market.

Small changes like this can lead to enormous differences in the returns you could receive as a trader. Your best bet is to not buying every secret trading system for sell and start to work at developing your own system, one that fits your personality.