Is consistency of a little profit not better off inconsistency of huge profit

Yes, consistency in making small profits is generally better than the inconsistency of huge profits. Here are some reasons why:

Risk Management:

Reduced Risk: Consistent small profits usually involve lower risk per trade, reducing the likelihood of significant losses that can wipe out your account.
Controlled Exposure: Trading strategies that aim for consistent small gains often involve more controlled and calculated risks, leading to better overall risk management.
Psychological Stability:

Emotional Control: Consistent profits help maintain psychological stability. Huge profits followed by large losses can lead to emotional trading, which often results in poor decision-making.
Confidence Building: Regular small wins build confidence and reinforce disciplined trading habits, which are crucial for long-term success.
Capital Preservation:

Sustainable Growth: Consistent small gains help in preserving and gradually growing your trading capital. This sustainable growth ensures that your account remains intact for long-term trading opportunities.
Compound Effect: Small, consistent profits can compound over time, leading to significant growth in your account balance. This steady increase is often more sustainable than sporadic large gains.
Learning and Improvement:

Skill Development: Consistent trading allows for continuous learning and improvement. It enables traders to refine their strategies, adapt to market conditions, and build a solid trading foundation.
Experience Accumulation: Regularly engaging with the market through consistent trades provides valuable experience, helping traders understand market behavior better and improve their decision-making skills.
Volatility Control:

Reduced Volatility: Strategies aiming for consistent small profits typically experience less volatility in returns, making it easier to predict and plan for future performance.
Stress Reduction: Lower volatility in returns reduces the stress associated with trading, leading to a more balanced and less emotionally taxing trading experience.
Longevity in the Market:

Sustainability: Consistent profitability ensures that traders can stay in the market longer, learning and growing with time. This longevity is crucial for turning trading into a viable long-term endeavor.
Avoiding Burnout: The pursuit of huge profits often leads to intense pressure and potential burnout. Consistent small gains create a more manageable and sustainable trading routine.
In summary, while the allure of huge profits can be tempting, the long-term benefits of consistency in achieving small profits often outweigh the risks and challenges associated with seeking large, infrequent gains. Consistency fosters discipline, risk management, and psychological stability, all of which are essential for a successful trading career.