One of the most common types of email I get from traders are questions concerning consistency in their trading.
And it is almost always the same question…”How do I make money consistently?”
To me, this is focusing on the wrong thing….Money.
I know everyone does this to make money. But you have to understand that making money is merely a byproduct of doing other things consistently.
This is similar to someone getting shot by an arrow and won't let the doctors help save their life until they know who shot them.
Again, focusing on the wrong thing.
Here are a few things you could focus on:
…Consistently sticking with your trading plan
…Consistently looking at your charts the same way
…Consistently applying proper money management
…Finding a consistent way to deal with stress
…Consistently using checklists and frameworks so there are no mistakes
…Consistently backtesting to make sure your system works
…Consistently reviewing your previous trades
…and so much more
If you do the things that I mentioned above (even though it is a short list out of many), you don't need to ask about consistently making money. Because you just will make money.
Focus on the right things.
If you want to learn more about what to focus on so that you can be a massively successful trader, then consider joining the Inner Circle
Here is the link: