Post
Topic
Board Trading Discussion
Re: With good psychological behaviors can one remain consistent with random signals?
by
Eternad
on 21/06/2024, 15:46:55 UTC

I've been wondering how some traders suddenly become consistently profitable in a very short length of time compered to others. Some 2 years, some even in the first year with simple basic technical strategic Ideas while some spend 5-6 years or even more before becoming consistently profitable. And some are even making it with just copy trading systems.


Obviously those who become successful on short time span takes more risk and manage to overcome it with their strategy. But that doesn’t mean that they can keep doing it on longer time span consistently with the amount of risk involved to quickly gain profits.

Those user that choose the slow path usually use a strategy that only involves small risk using high capital. Consistency in long term is really the best way in trading since you lose all your 2 years profit with just few bad trades due to the risk you are taking.

At the end of the day, the duration of you profit consistency is more important.