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Staying peofitable consistently

Michihito
Feb 28 2021 at 13:44
posts 298
Staying peofitable consistently over a longer periods of time is the key. There have been traders who have lost their years of saving in a short streak of bad trading. Money management and psychology is the key to remain consistently profit over a long time.
UweMoench
Feb 28 2021 at 14:16
posts 751
To earn consistent profits in forex trading is not easy considering the forex risk is very high. At the risk of it, so to be successful in forex we need to continue to learn and practice trading so well that would allow us to trade with the maximum. And have a good trading psychology is the key to get consistent profit in forex trading.
AliaDare
Feb 28 2021 at 14:36
posts 788
Money management and risk management are essential to make a consistent profit. So every trader needs to maintain these things to make money.
Tremblay
Mar 01 2021 at 08:34
posts 330
Forex trading is for skilled people. And to be skilled we need trading education. Without being skilled, we can trade forex but can not make profit consistently.
Gracewilson1995
Mar 01 2021 at 11:07
posts 147
consistent here i dont think means regular profits. and i dont think that is even possible. but yes staying low key and practising always and applying good strategy is the key.
SofieAndreasen
Mar 01 2021 at 13:21
posts 759
Tremblay posted:
Forex trading is for skilled people. And to be skilled we need trading education. Without being skilled, we can trade forex but can not make profit consistently.
Demo practice is the best way to develop skill in trading. It is also a risk-free way.
trollsdindy
Mar 04 2021 at 11:04
posts 23
AliaDare posted:
Money management and risk management are essential to make a consistent profit. So every trader needs to maintain these things to make money.
If you ask me that’s the very foundation of the trading plan.
Davidtaylorr
Mar 05 2021 at 05:10
posts 31
trollsdindy posted:
AliaDare posted:
Money management and risk management are essential to make a consistent profit. So every trader needs to maintain these things to make money.
If you ask me that’s the very foundation of the trading plan.
Absolutely yo! Only a fool would disagree!
trollsdindy
Mar 05 2021 at 10:59
posts 23
Davidtaylorr posted:
trollsdindy posted:
AliaDare posted:
Money management and risk management are essential to make a consistent profit. So every trader needs to maintain these things to make money.
If you ask me that’s the very foundation of the trading plan.
Absolutely yo! Only a fool would disagree!
That’s a bit harsh but in essence yes, I am also very sure that I never risk more than 1% of my capital no matter whether I am daytrading or swing trading with interactive brokers.
davegordon
Mar 06 2021 at 07:26
posts 23
Making profits is still easy in the forex market. But what is difficult is making profits consistently. You need to learn the art of preventing losses.
Tremblay
Mar 06 2021 at 09:35
posts 330
It's not the system that causes the losses. It is how we use the system that causes the loss. No matter what strategy they use, most people want to trade everyday even if there is no set up according to the strategy.
chantellepresley
Apr 22 2021 at 10:53
posts 13
You a are right with this. A consistency in profits can be difficult to achieve but it is not impossible and can even be a sign of success.
LyudmilLukanov
Apr 22 2021 at 15:47
posts 809
Tremblay posted:
It's not the system that causes the losses. It is how we use the system that causes the loss. No matter what strategy they use, most people want to trade everyday even if there is no set up according to the strategy.
True. Traders’ feeling is one the main cause for losing money in the market.
AliaDare
Apr 22 2021 at 17:02
posts 788
Tremblay posted:
It's not the system that causes the losses. It is how we use the system that causes the loss. No matter what strategy they use, most people want to trade everyday even if there is no set up according to the strategy.
Yes, every trader should choose a strategy. It is very difficult to make a consistent profit without making a strategy.
SteveHanks
Apr 23 2021 at 11:33
posts 536
AliaDare posted:
Tremblay posted:
It's not the system that causes the losses. It is how we use the system that causes the loss. No matter what strategy they use, most people want to trade everyday even if there is no set up according to the strategy.
Yes, every trader should choose a strategy. It is very difficult to make a consistent profit without making a strategy.
Yes. a good strategy can be the route of success in this forex market.
LukeRachel
Apr 25 2021 at 00:51
posts 477
It is not possible to become a professional trader without consistent profit. So every trader has to survive in the market with a consistent profit.
UweMoench
May 08 2021 at 13:55
posts 751
To make money by forex trading, you needs good knowledge, expertise and a mind that may control feelings. You have to learn it first. Go to education section of this website and begin reading it.
Pips Laws (Piplaws)
Jun 01 2021 at 12:07
posts 28
I really don't know how to achieve that consistency yet. I mean it is not a piece of cake right.
lovefortrading (perryjohn765)
Jun 01 2021 at 16:37
posts 238
it is almost like impossible to be 100% consistent. And if one does reach their it will cz of extreme hardwork
AliaDare
Jun 01 2021 at 16:37
posts 788
trollsdindy posted:
Davidtaylorr posted:
trollsdindy posted:
AliaDare posted:
Money management and risk management are essential to make a consistent profit. So every trader needs to maintain these things to make money.
If you ask me that’s the very foundation of the trading plan.
Absolutely yo! Only a fool would disagree!
That’s a bit harsh but in essence yes, I am also very sure that I never risk more than 1% of my capital no matter whether I am daytrading or swing trading with interactive brokers.
Many thanks, everyone. We are a trading community where many traders trade together. That is why our views are very similar.
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