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Consistency is the key to increasing income.

Discussion in 'Beginners Forum' started by Anderson, Nov 2, 2019.

  1. Anderson


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    Consistency is the key to increasing income. If you make constant profit and follow many management rules your income will be increasing over time. For example, you have 100$ in your account. First month you make 10% profit so 10$. Now you have 110$ in your account. Next you also make a 10% return that means 11$. So you have 1$ increased in your income.
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  3. Gravelwood


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    Well, all that is totally fine unless it will be something like for example new way of doing things for example. How else you should really be consistent in making that 10% each time every year on that way. I am not able to do that really anyway. I hope it will not be.
  4. Svetlana Loboda

    Svetlana Loboda

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    I think, focusing on every individual trade is a bad habit; traders need to focus on the full scenario; like their monthly return!
  5. Lee Mark

    Lee Mark

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    Principally, traders need to open their live account when they are consistent enough in demo. Making 2-3 TP is not a big deal.