Michihito
Medlem sedan Jul 19, 2020
298 inlägg
Mar 10 2021 at 12:36
Consistency is the brick of success. It helps gradually to build your account. To be successful for long term we need to be consistent in profit making. Random trading can't help us to be successful.
SofieAndreasen
Medlem sedan Jul 23, 2020
759 inlägg
Mar 10 2021 at 15:08
I also agree. Making consistent profits is essential to become successful in the trading market.
LeviSievwright5
Medlem sedan Jul 20, 2020
298 inlägg
Mar 11 2021 at 01:27
Consistent profit is very important. If you are included in the loss/profit, you will never be able to make more profit from trading, so you must first create a consistent profit strategy.
You will definitely get a negative result if you conduct chaotic trading.
Willemcurtis
Medlem sedan Jun 22, 2020
26 inlägg
Mar 16 2021 at 09:24
LeviSievwright5 posted:And how do you actually make profit? That’s consistency of action and then through self-analysis. So, my point here is, maintain good record keeping or a trading journal.
Consistent profit is very important. If you are included in the loss/profit, you will never be able to make more profit from trading, so you must first create a consistent profit strategy.
Elena Triston
(ele020)
Medlem sedan Apr 15, 2020
219 inlägg
Mar 16 2021 at 09:49
Michihito posted:Yes, consistency is important as assures that you are not running out of your capital. 2 loss days with 3 profits days in a week is surely okay but continuous losses for 3-4 weeks indicates something is wrong with your strategy.
Consistency is the brick of success. It helps gradually to build your account. To be successful for long term we need to be consistent in profit making. Random trading can't help us to be successful.
The more your practice, the more you learn.
PeteLanceley
Medlem sedan Nov 06, 2018
83 inlägg
Mar 16 2021 at 15:13
I agree, consistency is everything long term.
Willemcurtis posted:Not all trading opportunities are the same. So how do you justify executing the same rules when the same setup comes up?LeviSievwright5 posted:And how do you actually make profit? That’s consistency of action and then through self-analysis. So, my point here is, maintain good record keeping or a trading journal.
Consistent profit is very important. If you are included in the loss/profit, you will never be able to make more profit from trading, so you must first create a consistent profit strategy.
leecopp posted:Keep the stop-loss placement the same. Like, if you see it above the previous highs for the shorts, use the objective approach to determine the price. Apart from this, the exit reasons should also be consistent.Willemcurtis posted:Not all trading opportunities are the same. So how do you justify executing the same rules when the same setup comes up?LeviSievwright5 posted:And how do you actually make profit? That’s consistency of action and then through self-analysis. So, my point here is, maintain good record keeping or a trading journal.
Consistent profit is very important. If you are included in the loss/profit, you will never be able to make more profit from trading, so you must first create a consistent profit strategy.
Sar John
(Sarjohn)
Medlem sedan Dec 28, 2020
187 inlägg
Mar 17 2021 at 08:41
LeviSievwright5 posted:Consistently, yes. But being consistent does not mean that every trade is a winning trade. Develop a strict daily trading routine to develop positive trading habits and keep your account in profits.
Consistent profit is very important. If you are included in the loss/profit, you will never be able to make more profit from trading, so you must first create a consistent profit strategy.
Willemcurtis
Medlem sedan Jun 22, 2020
26 inlägg
Mar 17 2021 at 09:55
Anoxiare posted:Most important of all, the best time to decide on these factors is much before you start live trading. All these pointers should be addressed in the demo account. That’s why they are designed after all. Be consistent with your approach and see the result. I remember spending some 7-8 months practicing on the MT4 platform of the demo accounts with XM and turnkeyforex. That kind of set a good base for me.leecopp posted:Keep the stop-loss placement the same. Like, if you see it above the previous highs for the shorts, use the objective approach to determine the price. Apart from this, the exit reasons should also be consistent.Willemcurtis posted:Not all trading opportunities are the same. So how do you justify executing the same rules when the same setup comes up?LeviSievwright5 posted:And how do you actually make profit? That’s consistency of action and then through self-analysis. So, my point here is, maintain good record keeping or a trading journal.
Consistent profit is very important. If you are included in the loss/profit, you will never be able to make more profit from trading, so you must first create a consistent profit strategy.
nancyadams
Medlem sedan Jan 01, 2021
12 inlägg
Apr 03 2021 at 09:56
Yes, it is also very difficult to achieve that level of consistency when it comes to profits in forex.
Separately, it is worth highlighting the psychological moment of trading, as well as controlling emotions. Trading does not tolerate hasty decisions and deals on emotions.
Akasuki
Medlem sedan Mar 28, 2021
617 inlägg
Apr 03 2021 at 13:41
Yes for successful trading consistency is the key. Some random winning trades do not help in success. Achieving consistency is the key in trading.
UweMoench
Medlem sedan Jul 19, 2020
751 inlägg
Apr 04 2021 at 12:06
Consistency is the key to increasing income. However, is not easy in forex trading. Trader need a good profitable trading strategy to do that. Moreover, market is changing every day. So, adjust trading plan according to that.
Adribaasmet
Medlem sedan Aug 27, 2017
994 inlägg
Apr 07 2021 at 10:33
not only trading life but also real life consistency is the main challenge but its really difficult to maintain this good habit, need a long time focus with a great level of patience.
LyudmilLukanov
Medlem sedan Jul 23, 2020
869 inlägg
Apr 08 2021 at 09:26
Consistency is the key to success in forex trading. With proper discipline you can achieve it.
Yes, you are right and consistency can also act as a reflection of success of a trader.
UweMoench
Medlem sedan Jul 19, 2020
751 inlägg
Apr 16 2021 at 13:20
It is the consistency that brings success. Almost all the traders can make random profitable trades. But the real challenge is being consistent. It requires study and research.