In trading consistency is important

Yes consistency in trading is very important. Everybody can make some lucrative trades here and there. But the real challenge is creating profitable trades in constant basis. For this one needs great skills and experience.

Consistency is very important but it takes time for a trader to develop the right strategy and work towards it so that the good amount of profits regularly on the trades.

To make a profit in the long term, you need to develop a trading strategy for yourself and adhere to the rules of money management. This is one of the golden rules to follow. Everything needs to be done thoughtfully and according to plan.

Viktor776363ttd posted:
To make a profit in the long term, you need to develop a trading strategy for yourself and adhere to the rules of money management. This is one of the golden rules to follow. Everything needs to be done thoughtfully and according to plan.

Yes a perfectly calculated plan along with determination and experience lead a successful trading journey

Trading consistently will help you in managing your risks effectively and making unemotional decisions.

In trading, consistency is important to get continuous profits, also with consistency it is important to enhance the knowledge as well to get better results.

To achieve a stable growing income, you must act and, therefore, not to omit all points.

Consistent profit is the key to success. Until you are not making consistent profit, you are a beginner. No matter how long you are in the forex market. For consistent profit, you need deep understanding of the market.

It is impossible to work and make a profit if you do not make specific and consistent steps in trading

Alexthetrader posted:
Trading consistently will help you in managing your risks effectively and making unemotional decisions.

Yes, correct! With consistent trading look for more ways to generate strategies that can benefit your trades on different time frames.

Consistency is important in trading to get maximum profits, every trader should maintain a habit of continuous learning in order to get fruitful results.

Daniel993 posted:
Though consistency is essential in the forex market to achieve it is not simple. To maintain consistency, a trader should focus on building risk management skills and strategy.

Consistency, risk management, trading plan, trading strategy all go hand in hand, all the the things need to be given equal importance for a better trading habit

consistency only the thing that i never be good at all about this , but tried it greatly, not in general life and not even Forex trading. only 2% traders in stock market have this attitudes.

LioDaCap posted:
consistency only the thing that i never be good at all about this , but tried it greatly, not in general life and not even Forex trading. only 2% traders in stock market have this attitudes.

I agree that in trading maintaining consistency is difficult but once it comes into action, then making profits becomes easy.

TradeAndI posted:

LioDaCap posted:
consistency only the thing that i never be good at all about this , but tried it greatly, not in general life and not even Forex trading. only 2% traders in stock market have this attitudes.

I agree that in trading maintaining consistency is difficult but once it comes into action, then making profits becomes easy.

Exactly! The most difficult things are the ones most worth doing.

I think profit is the later stage of forex trading. This comes only after regular practice and with proper back testing of forex strategies.

Of course, consistency is very important in trading. It is impossible to be a successful trader without maintaining consistency.

lucasser posted:
Why is it important to have consistency in trading? Is it not possible to make high profits without showing consistency?

Consistent profit is essential to be a successful trader. And it requires a lot of education.

Rather than consistent profit a trader should focus on consistency in trades, it will be too difficult to book profits on each trade when volatility is too high.