Places To Get a Great Forex Trading System

It’s very important that if you’re exploring forex trading or already trading that you have a trading system. One aspect of that trading system are the actual setup rules which usually contain entry and exit techniques. Traders put a lot of time and effort in developing these setup rules too often neglecting other aspects such as position sizing or relative size of your profits compared to losses. Therefore it’s important to find a comprehensive forex trading system.

Where can you find a comprehensive forex trading system? Throughout the last three years, I’ve been through many trading systems obtained mostly from books, forums, or other websites. I’ve found that almost every time, I’ll mold that system into something totally different than the original incarnation, something that fits my personality and style of trading. Many times, the original system will also need to be expanded to include things that were neglected or forgotten. Those of you searching for the perfect system may find this method of modifying existing forex trading systems desirable. There are places where you can find the whole package without any need for modification.

This brings me to the question, "where did you get your forex trading system?" I think there are four main ways of getting a trading system.

  1. Buy it. There are tons for sale out there on the net but heed caution. Many were just copied from forums, books, or other websites. Sometimes when you buy forex education, part of the package will include a trading system. For instance, Rob Booker provides his Arizona rules as part of his mentoring program.
  2. Get a free one. There are many free systems that can be found in books, forums, or other websites. I guess one can question whether a system found is a book is free since you paid for the book.
  3. Create an original system yourself. My main trading system is an original creation. There may be other systems out there that are similar to it since it’s a culmination of years of exposure to other systems and experiences.
  4. Modify someone else’s system and make it your own. As I stated above, I have done this many times.

I’ve created a poll that asks you this question here.



60 Responses to “Places To Get a Great Forex Trading System”

  1. Trisha on January 27th, 2009 8:44 am

    “There is no substitute for an experienced human trader.” I agree with this. However, its handy to have systems that were developed to expedite and make analysis a faster.

  2. geoff on January 28th, 2009 12:46 pm

    i think ..that four main ways has given us more knowledge to understand it well .. great..!!

  3. zerk on January 28th, 2009 12:52 pm

    I like this post because it gives the right information that i have been searching for.Its been a long time that i am searching for great trading system but now i found it thanks for this post. It helps and it works well.

  4. clint on January 29th, 2009 10:30 am

    there are to many ways and kind of getting a great forex trading system.. and that four main ways can help us to get fast great trading system… although there’s still an difficulties about finding it but all in all it really helps….

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  6. ahmad kamal on February 16th, 2009 10:08 am

    The important thing is,you need to reviewed the system first then choose
    which one is the best because not all the forex automated system is a SCAM.

  7. PerfectPips on February 23rd, 2009 6:41 pm

    Lots of people still searching on the best methods trading system.
    As a user of this great system, I would like to invite all of trader here to give comments on as they provide the best forex signal and profitable trade. Good luck!

  8. forexgeek on March 6th, 2009 2:18 am

    As usual many traders try to find a perfect technique for trading but actually there is no 100% system in this world. The best way is develop your own trading system and practice that system for yourself. I also have some autopilot software that profitable to have. Check for yourself and maybe you can find something that fit you right.

  9. jack on November 3rd, 2010 3:28 am

    what is your auto trading system forexgeek?

  10. CFD on November 12th, 2010 10:57 pm

    This a great post, I found the information very useful it has really helped me with my trading. Keep up the good work.

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