Making consistent money

Making a consistent profit in the forex market is not as difficult as many people think. One should be aware of certain key aspects and work consistently over those factors to achieve his goal. Also, be patient because earning consistently is not a matter of few days but it takes a lot of time.

Consistency is definetely possible in trading forex, but it requires huge amount of knowledge and skills. Consistency in trading means that you've got the whole situation under control, so that your profits are not accidental, but they are logical because of your right actions. Which means that you need to be careful about your money and risk management, you need to protect your budget from the occasional pricemovements and unpredictable fluctuations. Surely, even experienced and skillful traders may have bad days, but they never jeopordize more than they can afford and that is the key to success in trading, from my perspective.

Consistent profits are made by only a very few traders who have been trading for years now. Their trades are well planned and they do not have greed for more because they have learned how to control their emotions over the past years. For beginners, just be consistent with your efforts and returns will be there for you eventually.

Telenergy posted:
Consistent profits are made by only a very few traders who have been trading for years now. Their trades are well planned and they do not have greed for more because they have learned how to control their emotions over the past years. For beginners, just be consistent with your efforts and returns will be there for you eventually.

Thats really true they are actually so at peace with their trades and their risk they let the trades run. The thing is it takes a lot of hardship to get there but once you do it becomes easier and easier imo

I think it is very much like learning to swim. Initially you get in the water and flap around trying not to drown but as you learn how to mitigate the risk of that you relax and start to swim properly.

Like anything, it's a massive learning curve but it slowly gets easier and less stressful over time.......

skihav posted:
It is important to understand that making money in this industry is also very difficult. This is a result that requires knowledge and time.

Agree, all business needs a process for stakeholder will get their success, in offline business and online business all require focus and keep learning, the main difference between offline business and online business in process is the offline business they meet real human in life and interact with them, in online business we don't face to face meeting on the central place, advantage online business we can work anytime.

Consistent profit making is a dream for many in forex trading. Some traders are able to do that but they are very experienced in forex trading. A new trader cannot be expected to make consistent money out of forex.

'Cut your losses short and let your winners run' - This technique is quite helpful in making consistent profits.

Consistent profits is something every trader dreams of but it is a thing that only a few are able to achieve. For beginners, consistently avoiding losses is enough I think. Once they learn how to avoid losses, they can easily work their way to profit making.

It really is a case of practice makes perfect.
Cant stress the importance that demo plays even though it lacks the emotional aspect it still mirrors live trading conditions

To make money consistently one should be methodical and patient. With the right mindset and a working strategy, you will be able to do it.

Making consistent money is difficult but can be done by some experienced traders. Rather than focusing on consistent profits, a trader should focus more on avoiding big losses consistently and targeting big profits. This will help the trader to stay profitable despite small losses.

For making consistent money, you should do consistent hard work and practice.

Consistent money earning is a bit challenging but only those who are expert can make so. Fundamental and technical analysis should be in the root level to catch the market trend. A good entry can carry a good amount of profit for a trader, on the other hand, a bad entry can destroy a trader.

if you want to profit from forex, you have to trade full-time. This is the only way you can become a master because you have to dedicate all your time and effort into understanding the movements.

A trader needs to trade understanding the market trend so that he can become a gainer from Forex market. But we don’t see this tendency in traders rather they are mad at trading regardless of the market situation. That is in other word called haphazard trading that causes no success.

Making constant money on average is possible when a trader well understands the market flow and catch the right trend. If you don’t know whether it is uptrend or downtrend, how will you forecast the market flow? So, it’s essential for constant money making.

Williamfreed posted:
if you want to profit from forex, you have to trade full-time. This is the only way you can become a master because you have to dedicate all your time and effort into understanding the movements.

Making consistent money doesn’t mean that a trader needs to trade full time. Making consistent money is referred to as making winning trades in a series which a part-time trader can also make.