In trading consistency is important

Mar 10, 2021 at 12:36
2,348 Views
41 Replies
Member Since Jul 19, 2020   298 posts
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.
Member Since Jul 23, 2020   759 posts
Mar 10, 2021 at 15:08
I also agree. Making consistent profits is essential to become successful in the trading market.
Member Since Jul 20, 2020   298 posts
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.
Member Since Nov 02, 2020   57 posts
Mar 11, 2021 at 08:08
You will definitely get a negative result if you conduct chaotic trading.
Member Since Apr 15, 2020   219 posts
Mar 16, 2021 at 09:49
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.
Member Since Nov 06, 2018   83 posts
Mar 16, 2021 at 15:13
I agree, consistency is everything long term.
Member Since Dec 28, 2020   187 posts
Mar 17, 2021 at 08:41
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.
Member Since Jan 01, 2021   12 posts
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.
Member Since Aug 26, 2020   78 posts
Apr 03, 2021 at 13:23
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.
Member Since Mar 28, 2021   617 posts
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.
Member Since Jul 19, 2020   751 posts
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.
Member Since Aug 27, 2017   994 posts
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.
keeping patience.......
Member Since Jul 23, 2020   869 posts
Apr 08, 2021 at 09:26
Consistency is the key to success in forex trading. With proper discipline you can achieve it.
Member Since Jul 19, 2020   751 posts
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.
Member Since Jul 19, 2020   788 posts
Apr 16, 2021 at 16:13
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.
Member Since Mar 16, 2021   477 posts
Apr 16, 2021 at 22:09
Consistent profit is very important to keep the profit that I usually make. A trader succeeds only when he agrees to make a consistent profit.
Member Since Jan 06, 2021   10 posts
Apr 23, 2021 at 05:21
You can keep trading for your own benefit and the more you practice and know, the better it is.
Member Since Jul 19, 2020   751 posts
May 01, 2021 at 12:50
Yes consistency in trading is very important. Everyone can make some profitable trades here and there. But the real challenge is making profitable trades in consistent basis. For this one needs good skills and experience.
Member Since Jul 20, 2020   399 posts
May 01, 2021 at 14:32
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.

Completely agree. Its the cornerstone of anyone that is successful. No benefit in one large successful trade have to have small consistent wins
Member Since Jul 19, 2020   788 posts
May 01, 2021 at 16:29
UweMoench posted:
Yes consistency in trading is very important. Everyone can make some profitable trades here and there. But the real challenge is making profitable trades in consistent basis. For this one needs good skills and experience.
Yes, you are right. Consistent profit is very important. If I want to be a professional trader, I have to make a consistent profit.
Sign In / Sign Up to comment
You must be connected to Myfxbook in order to leave a comment
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.