Making money consistently from the markets

I opened this thread to share my thoughts about trading and hopefully share my wisdom with other traders. I will be posting daily thoughts about the market and you guys can agree, disagree, etc.

I am opening this thread cause I m going through a bad period in the markets now and wanted something to get my heads out of trading.

First thought for you guys is this.

Money can be made in trading, but money cannot be made consistently trading every day in the markets.

Making money in the markets is very very hard. Quit dreaming, this thing is very very hard to do. From my previous post I want to make this also clear. Money can be made in the markets but not consistently.

I am a day trader. A typical good month I make my money on 1 or 2 trades. The other 18 trades breaks even. That' on a good month. On a bad month I either break even or lose money cause that big winner is simply not there. Cause low volatily.

I see alot of post about consistency and I understand why the majority loose. They are looking for something that just isn't there.

The good news is you can be profitable most months, probably upward of 80% of the months. The problem is when you encounter that bad patchy market. The down months are really depressing . Which is why most successful trader suffer from depression related sicknesses. Quit dreaming about the beach and how you will have your online cash register that will solve all your problems.

The truth is this is hard work and if you don't like it, you won't make it. I know lots of traders that quit not because they weren't profitable but because they couldn't handle the stress. So even when you know how to make money, doing it is a completely different thing.

You can extract 30 to 50 pips from each pair most days just look at the pattern.

You can be taught what to do, and still won't change a thing. You need the kind of mentality athletes have. The winning mentality.

Believe in yourself, believe in your system. Believe you gonna make money. Cheers