Are you consistent in Fx ?

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Old Nov 23, 2017, 9:43am   #17
NVP
 
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the human mind is not programmed to trade .......it is 100% counter intuitive to the human psyche

so learning to overrule that is the hardest and main barrier to good trading

N

http://tradingcomposure.com/trading-simple-yet-hard/
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Old Nov 27, 2017, 2:59pm   #18
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Yeah, learning is the only key element to attain success into the Forex Market. You need to have constant learning approach to obtain the knowledge required for the Forex Market.
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Old Nov 29, 2017, 6:19am   #19
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Forex can be your main source of income but don't rely only on one account. The average forex trader loses money, which is in itself a very discouraging fact.
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Old Dec 1, 2017, 11:00am   #20
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Exactly it is the best to treat it as a part time business, though too much risks is involved but it is the best way to obtain money online and if done part time you could have more than one source of income to back it up your Forex Trade.
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Old Dec 10, 2017, 2:04am   #21
 
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I wish I could have consistency. I've to admit that I really have to work on that.
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Old Dec 12, 2017, 3:51pm   #22
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Originally Posted by doubleb View Post
I wish I could have consistency. I've to admit that I really have to work on that.

Well it depends only partly on you. Low volatility can shrink margins as well as high volatility erase all your profit by sudden move. Adjusting your strategy for consistency probably the hardest part of trading.
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Old Jan 3, 2018, 5:50am   #23
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Forex market keeps on changing. The majority of retail traders struggle to find out how to be consistently profitable in Forex.
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Old Jan 5, 2018, 12:21pm   #24
 
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Originally Posted by Peter Borren View Post
Consistency is the main pillar of success! Suppose, if you are able to make 5 pips is a day but consistently , that means your monthly profit will around 100 pips! So, if you have healthy trading equity, nothing is impossible here! So, traders need to focus on consistency!
Consistency, and stable adhering to money management. You can achieve consistency and stability only when you have a good trading system. At the same time, since the market is constantly changing, you need to be able to track these changes and manage to adjust to it.
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