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In trading consistency is important

Michihito
Mar 10 2021 at 12:36
298 โพสต์
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
Mar 10 2021 at 15:08
759 โพสต์
I also agree. Making consistent profits is essential to become successful in the trading market.
LeviSievwright5
Mar 11 2021 at 01:27
298 โพสต์
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.
Faujinn
Mar 11 2021 at 08:08
57 โพสต์
You will definitely get a negative result if you conduct chaotic trading.
Willemcurtis
Mar 16 2021 at 09:24
26 โพสต์
LeviSievwright5 posted:
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.
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.
Elena Triston (ele020)
Mar 16 2021 at 09:49
219 โพสต์
Michihito posted:
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.
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.
The more your practice, the more you learn.
PeteLanceley
Mar 16 2021 at 15:13
83 โพสต์
I agree, consistency is everything long term.
leecopp
Mar 17 2021 at 04:06
17 โพสต์
Willemcurtis posted:
LeviSievwright5 posted:
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.
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.
Not all trading opportunities are the same. So how do you justify executing the same rules when the same setup comes up?
Anoxiare
Mar 17 2021 at 06:08
22 โพสต์
leecopp posted:
Willemcurtis posted:
LeviSievwright5 posted:
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.
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.
Not all trading opportunities are the same. So how do you justify executing the same rules when the same setup comes up?
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.
Sar John (Sarjohn)
Mar 17 2021 at 08:41
187 โพสต์
LeviSievwright5 posted:
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.
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.
Willemcurtis
Mar 17 2021 at 09:55
26 โพสต์
Anoxiare posted:
leecopp posted:
Willemcurtis posted:
LeviSievwright5 posted:
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.
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.
Not all trading opportunities are the same. So how do you justify executing the same rules when the same setup comes up?
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.
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.
nancyadams
Apr 03 2021 at 09:56
12 โพสต์
Yes, it is also very difficult to achieve that level of consistency when it comes to profits in forex.
Mauk
Apr 03 2021 at 13:23
78 โพสต์
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
Apr 03 2021 at 13:41
605 โพสต์
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
Apr 04 2021 at 12:06
751 โพสต์
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
Apr 07 2021 at 10:33
994 โพสต์
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
Apr 08 2021 at 09:26
851 โพสต์
Consistency is the key to success in forex trading. With proper discipline you can achieve it.
brianna
Apr 08 2021 at 11:20
34 โพสต์
Yes, you are right and consistency can also act as a reflection of success of a trader.
UweMoench
Apr 16 2021 at 13:20
751 โพสต์
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.
AliaDare
Apr 16 2021 at 16:13
788 โพสต์
It is very important to maintain consistency in trading. If I make a profit of 10 pips and lose 20 pips, it is not possible to proceed from trading. So I have to work with patience by creating a positive trade setup.
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