Be Consistent Trader

I am on the stage5. I think to be a consistent trader it is important to be keep some points in mind like setting up of Stop Loss to protect your capital. The to have a plan and proper implementation of it by making accurate risk management and using logic instead of emotions. And last according to me is time allocation you can decide how much time you want to dedicate in a day to trade. Putting consistency first you can decide to trade when your market is open in the time frame you allocate.
 

stoch

Active Member
In order to be consistent in trading you have to follow trading plan, i.e. not let your emotions take control over your trading. It's difficult to put this simple idea into practice because you can't sure your trading plan is 100% correct and manual adjustments (closing trade early, let profits run etc.) may look tempting in some trades.
 

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