How To Build Your Trading Consistency

Above you can see a recent reading from my glucose meter.  As a person with Type II diabetes, controlling my blood sugar is important to my health.  To achieve that control, I wear a sensor on my upper arm that provides real time blood sugar readings to the meter shown above.  In the beginning, wearing the sensor and using the meter, my readings were all over the place.

By taking readings frequently through the day, I gradually learned the times of day when my blood sugar tends to be highest and lowest, how foods and exercise influence my readings, and how much medication to take to stay in my target zone.  This took a lot of trial and error.  I made many mistakes with what/when I ate and many mistakes with medications in order to learn what works.  The recent meter reading shown above illustrates what is possible when we measure outcomes continually and make small, targeted improvements with frequent feedback.

Some people with diabetes jump from diet to diet and medication to medication and never make these improvements.  They look for big changes to their readings, and so they fail to make smaller, steadier improvements.

It's the same with trading.  The successful traders try lots of things, make lots of mistakes, get daily feedback, and then make very specific, targeted improvements in what they trade, when they enter, when they add size or scale out of positions, when they stop out, etc.  Every trade gives them a "meter reading" and they learn what works and what doesn't.  Other traders look for big changes to their trading and jump from "setup" to "setup", one style of trading to another, one time frame to another.  There is nothing cumulative to their experience, and their results show that.

We can't build a building jumping from one set of blueprints to another.  Ultimately we have to decide on our structure and lay the foundation brick by brick, gaining relevant experience as we go along.  The consistency of our trading will never exceed the consistency of our learning processes.

Further Resources:

The Three Minute Trading Coach - brief films on buying and selling psychology techniques

Consistent Trading, Intensive Learning


forex trading forex factory what is forex what is forex trading forex market forex scams forex brokers forex com forex market hours forex news forex trading app forex trading for beginners how to trade forex best forex broker forex charts forex signals is forex legit pips forex forex investment ig forex forex calendar forex trading strategies hdfc forex card login best forex trading platform forex brokers usa forex cargo forex demo account forex exchange forex patterns forex reddit forex trading scams how to start forex trading tradera forex what is forex trading and how does it work what is leverage in forex best forex broker in usa best forex trading app forex app forex compounding calculator forex currency forex factory calendar forex profit calculator forex tracking forex trading platforms forex vs stocks learn forex trading lot size forex no nonsense forex td ameritrade forex forex cargo tracking forex definition forex login forex meaning forex pip calculator forex ranks forex reviews forex time zone converter forex time zones forex trading for dummies forex trading hours forex trading reddit free forex signals iml forex is forex trading profitable what is spread in forex best time to trade forex forex calculator forex candlestick patterns forex chart patterns forex com login forex correlation pairs forex day trading forex economic calendar forex for beginners forex session times forex stock forex strategies forex trader salary forex trading meaning forex trading reviews is forex legal live forex charts scalping forex us30 forex what is forex market what time does the forex market open when does the forex market open divergence forex forex com review forex factory news forex for dummies forex hours forex indicators forex market times forex pyramid scheme forex quotes forex sessions forex trading course forex trading signals

Iklan Atas Artikel

Iklan Tengah Artikel 1

Iklan Tengah Artikel 2

Iklan Bawah Artikel