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In trading consistency is important
Membre depuis Jul 23, 2020
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Mar 16, 2021 at 09:49
Membre depuis Apr 15, 2020
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Michihito posted:Yes, consistency is important as assures that you are not running out of your capital. 2 loss days with 3 profits days in a week is surely okay but continuous losses for 3-4 weeks indicates something is wrong with your strategy.
Consistency is the brick of success. It helps gradually to build your account. To be successful for long term we need to be consistent in profit making. Random trading can't help us to be successful.
The more your practice, the more you learn.
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Mar 17, 2021 at 04:06
Membre depuis Jun 23, 2020
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Willemcurtis posted:Not all trading opportunities are the same. So how do you justify executing the same rules when the same setup comes up?LeviSievwright5 posted:And how do you actually make profit? That’s consistency of action and then through self-analysis. So, my point here is, maintain good record keeping or a trading journal.
Consistent profit is very important. If you are included in the loss/profit, you will never be able to make more profit from trading, so you must first create a consistent profit strategy.
Mar 17, 2021 at 06:08
Membre depuis Jun 25, 2020
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leecopp posted:Keep the stop-loss placement the same. Like, if you see it above the previous highs for the shorts, use the objective approach to determine the price. Apart from this, the exit reasons should also be consistent.Willemcurtis posted:Not all trading opportunities are the same. So how do you justify executing the same rules when the same setup comes up?LeviSievwright5 posted:And how do you actually make profit? That’s consistency of action and then through self-analysis. So, my point here is, maintain good record keeping or a trading journal.
Consistent profit is very important. If you are included in the loss/profit, you will never be able to make more profit from trading, so you must first create a consistent profit strategy.
Mar 17, 2021 at 08:41
Membre depuis Dec 28, 2020
posts 187
LeviSievwright5 posted:Consistently, yes. But being consistent does not mean that every trade is a winning trade. Develop a strict daily trading routine to develop positive trading habits and keep your account in profits.
Consistent profit is very important. If you are included in the loss/profit, you will never be able to make more profit from trading, so you must first create a consistent profit strategy.
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