Making consistent profit

[zoe]

You have to search for the lacking in your performance. When you can see lacking in your performance, you can work hard to recover from this situation.

I agree with this, this is the reason why we should keep trading journal, it can come in handy in the future.

 

[Feticide]

Getting consistent in earning profits is what every trader strives to achieve. However, it can be a task as patience, hard work and good analytical skills are needed to bring the process to fruition. Traders need to spend time learning, profit comes with time.

 

[Hoyism]

True! Another main reason for their failure is the misconception that forex is an easy and quick way of making money.

 

[Colossus]

Making consistent profits might be difficult, but not as much as beginners fear it to be. In fact, if you have developed a good trading strategy, and you stay true to it for quite some time (around a year), you’ll notice that you have improved a lot. Losses aren’t completely avoidable, but many beginners have been able to make good profits because they have focused on strategy making and trading psychology from the very beginning.

 

[Pentapolis]

To achieve consistency in profit income, traders need to maintain focus and discipline and manage their money intelligently. The market is forever risky in nature, beating the risk and following a plan, will help generate regular returns in good time. Traders need to be patient.

 

[Hamarchy]

There is no denying the fact that every trader wants to make money consistently. But still, not every trader is able to do that. Most traders leave the market as soon as they enter it because they can’t keep patience to see their trades work. So, it’s not just the market but also you, who play a role in your consistent trading income.

 

[LouBega88]

Always try to use low trading leverage and narrow trading spread so you can earn better from the market.

 

[Nayek Pichai]

Take advice from experienced traders about how to develop a trading-genial psychology in a trader.

 

[David Marco]

A supportive broker is always expected by traders. An unsupportive broker will turn your life into a hell. And never search for any short-cut because initially you need to extend your knowledge.

 

[Akira Rush]

One important thing you need in order to make consistent profits is patience and being consistent in trading. Some weeks might go bad, some weeks might go good. It is necessary that during the bad times you stay confident in your strategy. However, I do not intend to say that you should stay confident in your strategy even if it's performing badly for months, then it has some mistake which needs to be corrected.

 

[Holism]

Reaching consistency in your trading career is the highest level any trader will ever reach in his career. This makes it clear how difficult it would be for someone to take the chance of putting his money at risk. Just be careful about every move you make and analyse the market well before executing any trade.

 

[magnum]

To achieve consistency in profit income, traders need to maintain focus and discipline and manage their money intelligently. The market is forever risky in nature, beating the risk and following a plan, will help generate regular returns in good time. Traders need to be patient.

Yes, patience is very crucial for traders because it takes time for the results to come in, and even with experience, there are times when we lose, so patience is absolutely important before making any conclusions. For me meditation and taking small breaks in between worked to increase patience because it helps to avoid constant stress and pressure.

 

[Anie]

It's hard to make profits consistently. You must have solid knowledge, and risk management skills to stay in this game.

 

[Frogman]

Making consistent profits is not that easy. One should be persistent and focused enough to go through the ups and downs in the trading.

 

[FXOpen Trader]

Making consistent profits is not that easy. One should be persistent and focused enough to go through the ups and downs in the trading.

Getting income from the Forex markets is not going to be an Easy task for us.

 

[GioMiller]

To bring steadiness in your profits, you need to stick to a solid trading plan and keep on brushing up your skills and strategies.

 

[Vamoose]

The only way to consistently make a profit is to trade consistently. This means sticking to a trading plan and not deviating from it, even when there are losses. Many traders get caught up in the excitement of the market and start making trades that are not part of their plan, which often leads to losses. By staying disciplined and sticking to your plan, you will give yourself the best chance of making consistent profits in the foreign exchange market.

 

[Monsoon]

You won’t be making profits as soon as you start to trade. It will take time for your strategies to get on track with your goals and help you make money. So, the best I can suggest is to focus on hard work and developing skills when you are a beginner and then, setting expectations to make consistent gains.

 

[FXOpen Trader]

You won’t be making profits as soon as you start to trade. It will take time for your strategies to get on track with your goals and help you make money. So, the best I can suggest is to focus on hard work and developing skills when you are a beginner and then, setting expectations to make consistent gains.

We can get the profits from our trades only after some planning.

 

[Isotaach]

It is the dream of every forex beginner to make consistent profits from the forex market. But the truth is, this goal cannot be achieved so easily, and especially not by trading for a couple of months. It takes years of practice and knowledge to develop trading skills and be profitable for a majority of traders.