Consistency Is The Real Holy Grail Of Trading

Finally, patience. Patience is the hardest aspect to obtain, patience that trading is a long game, and will take a while to master, all the way to patience within the trade. You have to let your process playout. Your principles will protect you; however, patience will stop you from tinkering and hovering over the mouse and not letting your profits run. Do not rush and remember this, reason everything out from principle and rules and when you are within your trading plan and want to take the trade take a pause and just re-evaluate. This will ensure you are certain all is well and you are committed to executing your plan. The lesson of calmness and patience will accumulate pips. 

There is no holy grail in trading, consistency is the only path to success to slowly and surely build an attitude of discipline and control to give you the opportunity to accumulate pips. This will reinforce your mind-set of winning which will help you to form habits that will make your rules involuntary and this is what will lead to consistency and all the freedoms you can imagine. Add to that the lifestyle change you want for yourself. Move away from this and it leads to swings of big wins to big losses which lead to fatigue and failure. Therefore stick to the path of consistency and ignore all the marketing noise so prevalent in this industry and commit to a plan that will lead you to trust yourself to pick the correct information and knowledge, to make you a success. 

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Simon Cotterill 2 years ago Author's comment

Thanks Barry. I'll write more and hopefully will continue to help.

Barry Hochhauser 2 years ago Member's comment

Enjoyed this, thanks.