General Consistency in trading

[Edward Peterson]

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.

 

[Priya]

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.

Very good message, If traders follow good money management rules, surely can make good profit in Forex.

 

[Sirojiddinnn]

This is an important factor for long-term trading.

 

[oranges]

also, money management is crucial -- if you lose 10% of your account, it will take more than 10% gain afterwards to make up for that 10% loss

 

[Marho Orakah]

I think it boils down to choosing the right lot size and leverage, not being too greedy. Have a solid money management.

 

[juma omari]

Very good message, If traders follow good money management rules, surely can make good profit in Forex.

good advice thank you

 

[byens]

Greed is our enemy in trading forex