Making consistent money

Greed will cause more accounts to blow than anything else

Consistency is a habit that must be formed for a nice forex trading experience. . It requires deliberate practice to master. It is not something you just decide to do, and it is not something that can be learned. It is something you develop over time from personal experience, like discipline and confidence.

To be consistently profitable you have to consistently treat it as a profession. With that comes risk management, discipline, and a tried and tested strategy.

Forex trading is simple but not simple to make a consistent profit need good skill trading, an alternative trader that always fails in trading is they looking for copy trader and PAMM trader that has good track record along their trading career

Consistent profit brings success in our trading. If I can't make a profit, it will be very difficult to succeed in trading.

AliaDare posted:

Consistent profit brings success in our trading. If I can't make a profit, it will be very difficult to succeed in trading.

But making consistent profit is not so easy.

You can achieve stable and successful trading with daily practice.

There's definitely a lot that goes into becoming a profitable trader, from having the right mindset at a psychological aspect to being well-educated and informed about different strategies. If you don't spend enough time on each subject, you are likely to lose money.

I believe that consistent profit from trading is one of the most significant indicator of the fact that this or that trader is successful. Newbies may have ups and downs and they find it impossible to predict the amount of money they will earn in the nearest future, while professionals know approximately how much they will earn because of the fact that they know the market and are able to make certain prognoses.

To make consistent money one needs to set realistic profit targets first.

UweMoench posted:
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.

Agreed! I also believe that dedication and consistency is very important in forex trading to get profitable results, if one will make a habit of continuous learning then trading will also come in his favour.

UweMoench posted:
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.

100% and the number of people I see on FB that are asking how to 'play' forex. Easy money for the markets with that mindset.

Unellene posted:

AliaDare posted:

Consistent profit brings success in our trading. If I can't make a profit, it will be very difficult to succeed in trading.

if you do not make a profit from trading, then the work is going wrong, a logical chain

Yes, of course, if you can't make a profit, then there's no point in trading.

UweMoench posted:
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.

This is so true, like dedication is the key word here. Like athletes that pull muscles, fall get knocked back they rise again because their dedication and persistence gets them there. I have had some shocking days and the worst is most have come after a run of really good days and it makes you contemplate what you're doing but its all about dedication and sticking to it. Now im consistent each set back has aided me in some way or another

Risk management, discipline, and tried and tested strategies are essential to trading success.

Having the right set of skills and education can make you earn consistent money in Forex trading.

UweMoench posted:
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.

Totally agreed, consistent dedication and learning is very important in forex market in order to have make your trading journey profitable.

Making consistent profits requires traders to be disciplined and patient. A trading journal in this case comes very handy because it keeps a track of your trades. As a result, it helps you in developing your strategies better.

Yes, making consistent profits in forex is possible, but it is not easy to do so.
In order to make consistent profits, traders need to have flexible strategies because the market changes rapidly.