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{"id":16904,"date":"2021-09-18T11:03:40","date_gmt":"2021-09-18T11:03:40","guid":{"rendered":"https:\/\/iqtradingpro.com\/?p=16904"},"modified":"2021-09-18T11:03:40","modified_gmt":"2021-09-18T11:03:40","slug":"set-up-perfect-trading-system-iq-option","status":"publish","type":"post","link":"https:\/\/iqtradingpro.com\/set-up-perfect-trading-system-iq-option\/","title":{"rendered":"How to set up the perfect trading system in IQ Option"},"content":{"rendered":"

What is a perfect trading system? What do we need to do to get it? The answer for those who are still searching for the “holy grail” is that no system is perfect. There are only \u201csuitable\u201d trading system.<\/p>\n

Why is there no perfection? Because you or your life are not perfect. So how can you demand perfection from a “product” of your own making?<\/p>\n

Remember yourself as the best piece of the puzzle, customized to fit all. When you understand this, you will change your perspective in trading. The most effective trading system is in your mind. The right mindset is the core of every successful trade.<\/p>\n

\u201cThe method that can make you lucky to win a battle. The right mindset helps you win a war.\u201d<\/p>\n

Register IQ Option and Get Free $10,000 Risk warning: Your capital might be at risk.<\/small><\/span><\/a><\/p>\n

Build a set of principles in your trading system to follow<\/h2>\n

Principle is the crystallization of emotions. The principle helps you keep your money but also avoid unnecessary worry. Each job needs a different set of principles to “fit” for each person.<\/p>\n

You must develop your own set of rules. Because each individual’s mentality is different.<\/p>\n

\"Build
Build a set of principles in your trading system<\/figcaption><\/figure>\n

I have a set of rules to stay with the market for a long time<\/p>\n

\u2013 Each order has the maximum risk allowed is 2% of the total account.<\/p>\n

\u2013 Do not open more than 3 trading orders at a time in many different currency pairs. Because may focus will be scattered.<\/p>\n

\u2013 When the loss of the day reaches 10%, stop trading. Because at this point, I will lose control of my mind and turn to gambling psychology.<\/p>\n

\u2013 Absolutely do not trade when I have emotions problems such as too happy or too sad\u2026.<\/p>\n

Indicators for trading system<\/h2>\n

Your system needs indicators with the following criteria:<\/p>\n

Simplicity<\/strong>: This is the pinnacle of complexity. The simpler the indicators are the more effective your system will become.<\/p>\n

Ease of use<\/strong>: A method is considered good when anyone can use it, even a novice. This means it has the ability to \u201ccopy and apply\u201d in many different markets.<\/p>\n

Trading diary<\/h2>\n

Don’t listen and trust anyone. Just trust your trading system. Learn the habit of taking notes and summarizing the lesson. Let\u2019s ask the following questions after each trade.<\/p>\n