Making consistent money
Jan 17, 2021 at 11:40
Making consistent money is possible. But for that you have to skilled enough. It's not a game for kids. You have to give time and dedication for learning. Some people think learning means combination of some indicators. If this happens, do that. But learning is not just getting familiar with some ready-made strategies. It's more than that.
Mitglied seit Jul 20, 2020
298 Posts
Jan 17, 2021 at 13:41
Proper Money Management and Risk Management should be maintained to make a consistent profit. You can maintain 1: 2 risk rewards for consistent profit. It will have the ability to cover losses.
Mitglied seit Jul 23, 2020
869 Posts
Jan 17, 2021 at 17:28
LeviSievwright5 posted:To make consistent profit traders need profitable trading strategy and discipline.
Proper Money Management and Risk Management should be maintained to make a consistent profit. You can maintain 1: 2 risk rewards for consistent profit. It will have the ability to cover losses.
Feb 16, 2021 at 07:28
Without spending a long time it is not possible at all to lead a healthy trading life with certainly, because the success in this market is related with long term process. But practically mostly traders in particularly the newcomers try to make success very rapidly and fall a great loss when trading practically.
Mitglied seit Dec 15, 2020
16 Posts
Feb 19, 2021 at 04:42
Yes, consistent profits can be difficult but it does not seem to be that impossible. There is a lot that goes into it.
Feb 21, 2021 at 11:59
For making profit with consistency we the traders have to depend on our trading strategies that we select according to our trading experience, for creating a successful trading strategy we have to make first of all the proper money management policy , otherwise that’s not possible at all to make profit despite of good trading approach .
Mitglied seit Jul 23, 2020
759 Posts
Mar 30, 2021 at 15:55
I think to make a consistent profit trader needs a proper trading strategy and discipline to maintain it.
Mitglied seit Jun 26, 2020
327 Posts
Apr 01, 2021 at 05:07
consistency is the main challenge at any sector even real life ,
we the traders first of all have to develop all trading habit if we want to bring profit consistently.
we the traders first of all have to develop all trading habit if we want to bring profit consistently.
Mitglied seit May 27, 2021
57 Posts
Sep 28, 2021 at 10:33
A trader should know that consistent money can only be made after consistent learning and practice.
Mitglied seit May 27, 2021
64 Posts
Sep 28, 2021 at 11:04
REB_FX posted:Agreed Rachel!
No substitute fo time and practice on the charts.
Sep 29, 2021 at 09:08
UweMoench posted:It is way more than that. Trading is not only about knowing the market, strategies, theories. It is all about applying things at the right time with right approach. At the end, it gets more psychological. Traders are to be mentally strong, which requires concentration, dedication, and motivation.
Making consistent money is possible. But for that you have to skilled enough. It's not a game for kids. You have to give time and dedication for learning. Some people think learning means combination of some indicators. If this happens, do that. But learning is not just getting familiar with some ready-made strategies. It's more than that.
Mitglied seit Dec 18, 2019
14 Posts
Oct 07, 2021 at 17:58
Consistent profits are very important and hard to achieve. I feel that it is only consistency which indicates that a trader is skillful. There can be lots of luck in forex and some people may earn lots of money in short period of time.
Mitglied seit Jul 20, 2020
399 Posts
Oct 09, 2021 at 10:07
LucasRogers posted:
Consistent profits are very important and hard to achieve. I feel that it is only consistency which indicates that a trader is skillful. There can be lots of luck in forex and some people may earn lots of money in short period of time.
Very very true, everyone can have a lucky run. It is all about keeping the profits you make too that's where risk management is important with consistency
