Consistency is needed

[doncastrol47]

What's needed in the market is consistency combined with the concept of probability
Being disciplined in trading and trading according to clearly defined rules is what allows consistency
Your understanding of price and market, as well as your research on macroeconomics will help you make the right decisions

 

[mlawson71]

Consistency is certainly necessary, but usually most traders struggle to achieve it, unfortunately.

 

[Daantje Pieters]

Consistent profit is very important in trading. If a trader fails to make a consistent profit, he will never be able to survive in trading. A trader can make a lot of profit if he can make a consistent profit.

 

[dak00can89]

What's needed in the market is consistency combined with the concept of probability
Being disciplined in trading and trading according to clearly defined rules is what allows consistency
Your understanding of price and market, as well as your research on macroeconomics will help you make the right decisions

SL must needed

 

[Daantje Pieters]

Consistent profit is required to survive in the forex market. If a trader cannot make a consistent profit, he will never be able to make a profit in trading. As a trader I have to manage risk and trade.

 

[Aldo-Jr]

Why do many experienced traders advise beginners to make consistent profit in demo trading before entering into live trading?

 

[kazzzzu]

consistent attitude and commitment to the strategy is the key. psychology is 80 % of the job

 

[Sherverty]

The only way to consistent profits in this market is by using a long term trading method like Elliot wave or wd Gann method, those methods are using a daily chart to find a trade setup and most of the time those setup takes time to unfold and it takes time to complete the wave ..... less trade less lost, more trade more loss

 

[Daantje Pieters]

Consistent profit is required to be a successful trader. However, this can be due to two reasons: the right strategy and a good broker. Creating a strategy is a lot easier but getting a solid broker is a lot harder.

 

[mlawson71]

I have never tried the Gann method, now that I think about it.

 

[Daantje Pieters]

Consistency profit can turn a trader into a successful trader. I have been associated with the Forex market for a long time but consistent profit has helped me to go much further in trading.

 

[mlawson71]

For how long have you managed to be consistent? Personally, I'm still not really consistent really, even though it has been nearly a decade since I started trading.

 

[dokopy]

All that matters is how much you earn when you are consistent and how much you earn when you are not consistent.

 

[Daantje Pieters]

In order to make a consistent profit, you need to build knowledge as well as take the help of a boy broker. If the broker does not provide the right service, it will be very difficult to make a profit.

 

[mlawson71]

Consistency is only ever reached through a lot of work. A lot of study and a lot of practice.

 

[kcskavi]

Consistent profit is required to survive in the forex market. .........

 

[mlawson71]

I would say that not losing is required to survive. If you're making a consistent profit you're not just surviving, you're thriving.

 

[Kirankrithika]

Why is it important to make consistent profit in demo trading before using a real account in forex, and should a trader avoid trading live if not consistent?

 

[giftfromaquarius]

yes, absolutely this is the main practice within trading and learning how to master your emotional discipline is the key to success

 

[Ry@n]

Having consistency in earning profit is good and necessary when it comes to forex, but it cannot be achieved in a day.

This is why experienced traders take risks and spend much time as possible to learn and build new strategies or skills to obtain consistency.