Making consistent money

Jan 17, 2021 at 11:40
Przeglądane 3,514
62 Replies
Uczestnik z Jul 19, 2020   751 postów
Jan 17, 2021 at 11:40
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.
Uczestnik z Jul 20, 2020   298 postów
Jan 17, 2021 at 13:41
Proper Money Management and Risk Management should be maintained to make a consistent profit. You can maintain 1: 2 risk rewards for consistent profit. It will have the ability to cover losses.
Uczestnik z Jul 23, 2020   869 postów
Jan 17, 2021 at 17:28
LeviSievwright5 posted:
Proper Money Management and Risk Management should be maintained to make a consistent profit. You can maintain 1: 2 risk rewards for consistent profit. It will have the ability to cover losses.
To make consistent profit traders need profitable trading strategy and discipline.
Uczestnik z Jul 19, 2020   298 postów
Jan 20, 2021 at 12:20
For consistent earning in forex trading, one needs to be skilled and experience. Price always change it's pattern. If you are not skilled enough, you are gonna lose money.
Uczestnik z Dec 15, 2020   13 postów
Feb 16, 2021 at 05:12
Yes, an effective skill is required for making money in forex trading. It can be combined with the right knowledge for any success.
Uczestnik z Jul 19, 2020   298 postów
Feb 16, 2021 at 07:28
Without spending a long time it is not possible at all to lead a healthy trading life with certainly, because the success in this market is related with long term process. But practically mostly traders in particularly the newcomers try to make success very rapidly and fall a great loss when trading practically.
Uczestnik z Dec 15, 2020   16 postów
Feb 19, 2021 at 04:42
Yes, consistent profits can be difficult but it does not seem to be that impossible. There is a lot that goes into it.
Uczestnik z Jan 21, 2021   48 postów
Feb 20, 2021 at 09:25
Earning consistent money is possible in trading but only for those who are willing to put their effort and time into it. It demands patience, discipline, knowledge and experience to pull money from the market.
Uczestnik z Jul 19, 2020   298 postów
Feb 21, 2021 at 11:59
For making profit with consistency we the traders have to depend on our trading strategies that we select according to our trading experience, for creating a successful trading strategy we have to make first of all the proper money management policy , otherwise that’s not possible at all to make profit despite of good trading approach .
Uczestnik z Jul 23, 2020   759 postów
Mar 30, 2021 at 15:55
I think to make a consistent profit trader needs a proper trading strategy and discipline to maintain it.
Uczestnik z Jun 26, 2020   327 postów
Apr 01, 2021 at 05:07
consistency is the main challenge at any sector even real life ,
we the traders first of all have to develop all trading habit if we want to bring profit consistently.
Uczestnik z Aug 11, 2017   886 postów
Apr 01, 2021 at 05:24
profit in Forex is a regular task but need a long term experience with more information , and besides this of course we have to make sure good money management.
Uczestnik z Sep 22, 2018   70 postów
Apr 01, 2021 at 09:37
risk management is more important then a strategy
Uczestnik z Mar 28, 2021   617 postów
Apr 01, 2021 at 13:17
Most people can make some random profit trade. But making money consistantly is the toughest job. It requires good understanding of the market and a sound and composed mind.
Uczestnik z Feb 08, 2019   57 postów
Sep 28, 2021 at 10:06
No substitute fo time and practice on the charts.
Uczestnik z May 27, 2021   57 postów
Sep 28, 2021 at 10:33
A trader should know that consistent money can only be made after consistent learning and practice.
Uczestnik z May 27, 2021   64 postów
Sep 28, 2021 at 11:04
REB_FX posted:
No substitute fo time and practice on the charts.
Agreed Rachel!
Uczestnik z Dec 09, 2013   139 postów
Sep 29, 2021 at 09:08
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.
It is way more than that. Trading is not only about knowing the market, strategies, theories. It is all about applying things at the right time with right approach. At the end, it gets more psychological. Traders are to be mentally strong, which requires concentration, dedication, and motivation.
Uczestnik z Dec 18, 2019   14 postów
Oct 07, 2021 at 17:58
Consistent profits are very important and hard to achieve. I feel that it is only consistency which indicates that a trader is skillful. There can be lots of luck in forex and some people may earn lots of money in short period of time.
Uczestnik z Jul 20, 2020   399 postów
Oct 09, 2021 at 10:07
LucasRogers posted:
Consistent profits are very important and hard to achieve. I feel that it is only consistency which indicates that a trader is skillful. There can be lots of luck in forex and some people may earn lots of money in short period of time.

Very very true, everyone can have a lucky run. It is all about keeping the profits you make too that's where risk management is important with consistency
You must be connected to Myfxbook in order to leave a comment
*Komercyjne wykorzystanie i spam są nieprawidłowe i mogą spowodować zamknięcie konta.
Wskazówka: opublikowanie adresu URL obrazu / YouTube automatycznie wstawi go do twojego postu!
Wskazówka: wpisz znak@, aby automatycznie wypełnić nazwę użytkownika uczestniczącego w tej dyskusji.