Continuity in trading

Maintaining a continuity of trading results is the hardest thing. In addition to the discipline, we need to set ourselves a goal and have the discipline to stop the series without forcing the system.
It took me about eight years of work to reach the result of 40% per month that today I am achieving continuously.

PS: it is much easier to get amazing results for a week than good continuity for long periods!

Trading is a competition and must be prepared as such. In this case, following my theory, I divided my game into two distinct phases: attack and defense.
At the beginning of each month, if I have prepared the match well, I go on the attack of profits by adjusting my assets to the results set by my goal. If I reach them I stop so as not to stress my bots system. If, on the other hand, I meet a loss result I have to implement my defensive plan, slow down the aggression on the market, limit the losses or settle for a lower profit.
To do this I need time and study and, to answer your question, no, I can't do it in a week.

It is true, and it is true that you never stop learning. Fortunately, there is no perfect technique but only a set of behaviors that can greatly decrease the chances of loss and, consequently, increase those of generating profit. A great life lesson.

MFTrading posted:
Maintaining a continuity of trading results is the hardest thing. In addition to the discipline, we need to set ourselves a goal and have the discipline to stop the series without forcing the system.
It took me about eight years of work to reach the result of 40% per month that today I am achieving continuously.

PS: it is much easier to get amazing results for a week than good continuity for long periods!

40% a month is an incredible amount. Even the best hedgefunds can only get around 20% in a year. How do you get 40% in a month?

40% per month is a very high goal but it is not difficult. Many traders manage to make 1000% in one month but lose everything the following month.
The most difficult thing is to be able to do 40% continuously and, when this is not physically possible, to be able to maintain good standards, or not to lose when you face adverse situations.

Hello everybody.
On May 3, I will start my new monthly run to try to reach the monthly goal of 40% for the fourth time in a row.

40% a month is crazy. How do you do that?

Achieving 40% is a big surprise. I don't know how much it will take to achieve this target.

78678676 posted:
40% a month is crazy. How do you do that?

Yes. I am also thinking about how it can be achieved.

It takes a lot of study and a lot of ... philosophy. :-)

MFTrading posted:
It takes a lot of study and a lot of ... philosophy. :-)

Study is very important to make a good trading career in this market.

It is hard to make consistent profits. But every trader should aim for that.

LyudmilLukanov posted:
It is hard to make consistent profits. But every trader should aim for that.

Yes, it is very difficult to make a consistent profit. But plan and discipline can make it easier.

Making a 1% daily return is impossible to achieve long term.

Here is a thread that started in 2016 and users posted their EAs touting that they can achieve it back then. Now look how many of those systems are deleted now.

https://www.myfxbook.com/community/new-traders/how-turn-500-into-million/1114462,1