Making consistent money

Jan 17, 2021 at 11:40
2,804 Views
62 Replies
Member Since Jan 10, 2022   40 posts
Jan 21, 2022 at 05:11
Making a consistent profit in the forex market is not as difficult as many people think. One should be aware of certain key aspects and work consistently over those factors to achieve his goal. Also, be patient because earning consistently is not a matter of few days but it takes a lot of time.
Member Since Mar 01, 2021   11 posts
Jan 22, 2022 at 14:35
Consistency is definetely possible in trading forex, but it requires huge amount of knowledge and skills. Consistency in trading means that you've got the whole situation under control, so that your profits are not accidental, but they are logical because of your right actions. Which means that you need to be careful about your money and risk management, you need to protect your budget from the occasional pricemovements and unpredictable fluctuations. Surely, even experienced and skillful traders may have bad days, but they never jeopordize more than they can afford and that is the key to success in trading, from my perspective.
Member Since Jan 07, 2022   16 posts
Jan 25, 2022 at 05:15
Consistent profits are made by only a very few traders who have been trading for years now. Their trades are well planned and they do not have greed for more because they have learned how to control their emotions over the past years. For beginners, just be consistent with your efforts and returns will be there for you eventually.
Member Since Jul 20, 2020   399 posts
Jan 25, 2022 at 08:21
Telenergy posted:
Consistent profits are made by only a very few traders who have been trading for years now. Their trades are well planned and they do not have greed for more because they have learned how to control their emotions over the past years. For beginners, just be consistent with your efforts and returns will be there for you eventually.

Thats really true they are actually so at peace with their trades and their risk they let the trades run. The thing is it takes a lot of hardship to get there but once you do it becomes easier and easier imo
Member Since Apr 09, 2019   538 posts
Jan 25, 2022 at 10:44
I think it is very much like learning to swim. Initially you get in the water and flap around trying not to drown but as you learn how to mitigate the risk of that you relax and start to swim properly.
If you can't spot the liquidity then you are the liquidity.
Member Since Feb 08, 2019   213 posts
Jan 25, 2022 at 18:09
Like anything, it's a massive learning curve but it slowly gets easier and less stressful over time.......
Member Since Apr 03, 2021   470 posts
Jan 25, 2022 at 23:13
skihav posted:
It is important to understand that making money in this industry is also very difficult. This is a result that requires knowledge and time.
Agree, all business needs a process for stakeholder will get their success, in offline business and online business all require focus and keep learning, the main difference between offline business and online business in process is the offline business they meet real human in life and interact with them, in online business we don't face to face meeting on the central place, advantage online business we can work anytime.
Member Since Jan 18, 2022   20 posts
Jan 28, 2022 at 04:32
Consistent profit making is a dream for many in forex trading. Some traders are able to do that but they are very experienced in forex trading. A new trader cannot be expected to make consistent money out of forex.
Member Since Jan 24, 2022   20 posts
Jan 28, 2022 at 06:06
'Cut your losses short and let your winners run' - This technique is quite helpful in making consistent profits.
Member Since Jun 07, 2021   72 posts
Jan 31, 2022 at 06:52
Consistent profits is something every trader dreams of but it is a thing that only a few are able to achieve. For beginners, consistently avoiding losses is enough I think. Once they learn how to avoid losses, they can easily work their way to profit making.
Member Since Feb 12, 2019   105 posts
Jan 31, 2022 at 21:20
It really is a case of practice makes perfect.
Cant stress the importance that demo plays even though it lacks the emotional aspect it still mirrors live trading conditions
Member Since Feb 20, 2021   78 posts
Feb 01, 2022 at 07:13
To make money consistently one should be methodical and patient. With the right mindset and a working strategy, you will be able to do it.
Member Since Jan 18, 2022   48 posts
Feb 03, 2022 at 08:13
Making consistent money is difficult but can be done by some experienced traders. Rather than focusing on consistent profits, a trader should focus more on avoiding big losses consistently and targeting big profits. This will help the trader to stay profitable despite small losses.
Member Since Aug 21, 2021   61 posts
Feb 03, 2022 at 12:12
For making consistent money, you should do consistent hard work and practice.
Member Since Feb 16, 2022   67 posts
Mar 03, 2022 at 07:34
Consistent money earning is a bit challenging but only those who are expert can make so. Fundamental and technical analysis should be in the root level to catch the market trend. A good entry can carry a good amount of profit for a trader, on the other hand, a bad entry can destroy a trader.
Member Since Aug 10, 2021   178 posts
Mar 04, 2022 at 03:10
if you want to profit from forex, you have to trade full-time. This is the only way you can become a master because you have to dedicate all your time and effort into understanding the movements.
Member Since Feb 15, 2022   183 posts
Mar 04, 2022 at 04:49
A trader needs to trade understanding the market trend so that he can become a gainer from Forex market. But we don’t see this tendency in traders rather they are mad at trading regardless of the market situation. That is in other word called haphazard trading that causes no success.
Member Since Jul 23, 2020   869 posts
Mar 29, 2022 at 06:03
Making constant money on average is possible when a trader well understands the market flow and catch the right trend. If you don’t know whether it is uptrend or downtrend, how will you forecast the market flow? So, it’s essential for constant money making.
Member Since Jan 21, 2022   57 posts
Apr 04, 2022 at 09:52
Williamfreed posted:
if you want to profit from forex, you have to trade full-time. This is the only way you can become a master because you have to dedicate all your time and effort into understanding the movements.
Making consistent money doesn’t mean that a trader needs to trade full time. Making consistent money is referred to as making winning trades in a series which a part-time trader can also make.
Member Since Apr 03, 2021   470 posts
Apr 04, 2022 at 23:35
Making a consistent profit is no easy task, trading forex needs patience, the loss is part of trading that is sometimes inevitable, skill how to manage the risk accompanied with determining the best entry point and good psychology trading, the market will earn for patience trader almost and impatience trader often faces difficulties to make a consistent profit.
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