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Making consistent money

Jan 17, 2021 at 11:40
2,681 Zobrazení
62 Replies
Členom od Jul 19, 2020   751 príspevkov
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.
Členom od Jul 20, 2020   298 príspevkov
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.
Členom od Jul 23, 2020   869 príspevkov
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.
Členom od Jul 19, 2020   298 príspevkov
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.
Členom od Dec 15, 2020   13 príspevkov
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.
Členom od Jul 19, 2020   298 príspevkov
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.
Členom od Dec 15, 2020   16 príspevkov
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.
Členom od Jan 21, 2021   48 príspevkov
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.
Členom od Jul 19, 2020   298 príspevkov
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 .
Členom od Jul 23, 2020   759 príspevkov
Mar 30, 2021 at 15:55
I think to make a consistent profit trader needs a proper trading strategy and discipline to maintain it.
Členom od Jun 26, 2020   327 príspevkov
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.
Členom od Aug 11, 2017   886 príspevkov
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.
Členom od Sep 22, 2018   70 príspevkov
Apr 01, 2021 at 09:37
risk management is more important then a strategy
Členom od Mar 28, 2021   617 príspevkov
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.
Členom od Feb 08, 2019   57 príspevkov
Sep 28, 2021 at 10:06
No substitute fo time and practice on the charts.
Členom od May 27, 2021   57 príspevkov
Sep 28, 2021 at 10:33
A trader should know that consistent money can only be made after consistent learning and practice.
Členom od May 27, 2021   64 príspevkov
Sep 28, 2021 at 11:04
REB_FX posted:
No substitute fo time and practice on the charts.
Agreed Rachel!
Členom od Dec 09, 2013   139 príspevkov
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.
Členom od Dec 18, 2019   14 príspevkov
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.
Členom od Jul 20, 2020   399 príspevkov
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
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