Go back to Part 2: Trading System & Money ManagementTECHNICAL TRADING SYSTEM16. Keep your technical systems simple.Complicated systems breed confusion; simplicity breeds elegance.17. Establish initial positions on strength in bull markets and on weakness in bear markets.The first "addition" should also be added on strength as the market shows the trend to be working. Henceforth, subsequent additions are to be added on retracements.18. Respect and embrace the very normal 50-62% retracements that take prices back to major trends.If a trade is missed, wait patiently for the market to retrace.Far more often than not, retracements happen... just as we are about to give up hope that they shall not.19. Bear markets are more violent than are bull markets and so also are their retracements.20....