Hotheead posted: It is important to be consistent. Maintaining a level of consistency will assist you in effectively developing your skills as well as developing good risk management, which will allow you to have a good profit with a minimum risk.
consistence is really important in real as well trading life.
Never nurture high expectation until you are capable enough of trading. Try to be a trading veteran. Traders take years to develop this basic etiquette of trading. So we recommend traders strongly to avoid such mentality and develop the ability of being satisfied.
Not only in trading but in any type of work if you are doing, it is the key point. Without consistency you will not see the fruitful results. Always have a plan, implement it and be consistent and stick to it.
writhehaircut posted: I do not think a pro trader aims to make money on every trade. A pro trader understand that fx trading is about probabilities and some will win and others lose. Key is to have an edge
This is key, its not about making money on every trade its making money in a long run based on probabilities and having an edge as you say
In forex trading, being consistent is crucial as it drives the trader's ability to create a profitable strategy and generate profits. There will be moments when you lose, but to be successful overall, your trades and trading technique should be consistent.
Reaching consistency at making profits is a major goal for most traders. But it’s something that can’t be achieved so easily. Some traders can’t keep calm on making losses while some traders can’t control greed on making profits
Consistency is the most important thing if you want to attain long lasting success. It is not about only making profits and winning all the trades. But it is about coming back stronger when you encounter losses and setbacks. We can take break once in a while but keep on trading and improving ourselves and never quit or give up on our goals as a forex trader.
Consistency is like reaching the top level of a plateau. Not easy, but when you reach there, you will be safe and can take home as much as you want. So, start with learning to climb up and reach the plateau.
Though consistency is the most important level of forex trading, it is not easy to reach in any way. It takes a lot of time for someone to find ways that work for them. So, be ready for all the hard work that you will have to do to become consistent at making money in the forex market.
What differs successful traders from others is consistency. Forex trading is a profession where you get better with time and testing. Since a lot of trials and errors are involved in this and constant analysis of the market, you can’t get better at it in a short period of time.
Consistency breeds habit, and having good habits ultimately defines who we are as people. Sticking to an effective trading strategy consistently will help you master it and determine whether or not it is working for you.
tyson_learner posted: For being a good trader, you need to be disciplined and consistent with strategies, otherwise changing strategies frequently will not let you win any trade.
Yes, consistency is really important because then only we will get some results. Rapid changing of strategies brings no good because we kill the time of performance for our particular trade due to lack of patience.
Moving forward and then coming back does not work in trading. Once a trader has decided on a strategy or some path to traverse, they have to traverse it until they can become profitable. Changing the course of direction or path does not work; a consistent approach and consistent walking in that direction do.
AVERTISSEMENT SUR LE RISQUE ÉLEVÉ : Le trading de devises comporte un niveau de risque élevé qui peut ne pas convenir à tous les investisseurs.
Leffet de levier crée un risque supplémentaire et une exposition aux pertes. Avant de décider de négocier des devises, examinez attentivement vos objectifs dinvestissement, votre niveau dexpérience et votre tolérance au risque.
Vous pourriez perdre une partie ou la totalité de votre investissement initial. Ninvestissez pas largent que vous ne pouvez pas vous permettre de perdre. Renseignez-vous sur les risques associés au trading de devises et demandez conseil à un conseiller financier ou fiscal indépendant si vous avez des questions.
Toutes les données et informations sont fournies "en létat", uniquement à titre dinformation, et ne sont pas destinées à des fins de trading ou de recommandation.
Les performances passées ne sont pas indicatives des résultats futurs.