Silent Success of Patience

Hello all!

After years of experiments, sleepless nights, deep analysises and explosion of accounts, I designed a humble strategy within only one perspective: Consistency is the holy grail.

This is kind of a self-trading journal like the others, just to evaluate the process in a clear way. Trading is an alive concept like cultures and languages, and human psychology is the key factor that affects those sticks as far as I experienced in some years of trading.

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AIM:

Monthly Return: %5 - %10
Annual Return: %60 - %120

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I hope everyone reaches their main goals without sinking their ships in this wild ocean called global market.


Regards.

Hello,

Very right you are consistency is the holy grail in this market. Will be following. Please post charts of taken trades & analysis behind them, would love to see them. Your drawdown is amazing! Only 1.6% so far! Anyway wish you very good luck in this endeavor.

Regards.

Thank you!

I imagine my capital as a small bucket with a tiny buckle. And the market - an immense and rough ocean that has unpredictable streams and waves. If you keep your bucket just a few seconds longer to fill more, it's doubtless possible to lose what you got with a sudden opposite stream.

I prefer to wait until I can foresee the direction of the stream and wave, and let the water fill my bucket. Not much, but secure for sure. Trading itself already includes hazardous danger, that wouldn't be a good fellow of consistency if we try to fill the bucket more by holding inside of the ocean.

The strategy has been demonstrating an efficient performance so far, but it's too early to decide whether it's a tough-guy as it seems.

This week awarded me with an outstanding %6,1 growth. The score is marvelous while we're so close to the end of April.

The key of letting your emotions out of the stage is knowing what and why you're doing with the awareness of the risk. Mathematics and news of course carry importance on trading, but if you ignore simple bare human psychology, math and other factors can't help to rescue your capital.

Know the human, understand the human brain and you're in the game.

Regards.

If you keep learning something from your mistakes, there's no hestitation that you'll reach you goal.

My goal is being consistent, and I keep improving my skills and learning something from everything I face during my journey.

I've already reached my monthly goal in May with an outstanding %9,45 growth. I'll keep observing the charts and reactions to unexpected news. Even though I don't like this definition, it's a truth that being a sniper brings success. Wait until there's no chance to miss the target.

Stay safe, crave for consistency.

As the time passes, my bleief in psychology get stronger.

As stated before, aimed growth of May has already been reached with %9,45. I kept observing the marked silently, and decided to take a few more trades that I see an opportunity. And guess what?

An incredible result with %24 growth. Like said before, I will never expect that much on following months, my monthly goal is so certain. It's been two months since I've been trying this philosophy, never failed so far. This journal is to see together if that philosophy brings me consistency or not.

You can achive anything with a relieved and stressless mind. Understand the moves, try to see the main intention of people who cause those moves and take your position.

Happy weekends.
Regards.

Greetings everyone,

No more trade has been done until end of May, I closed with %24 growth. And with the beginning of June, I took my place and started to wait for the right moment to pull the rigger. Guess what? The opportunity has arrived more way earlier than expected, I took the trade and closed with %8,93 profit!

That opoourtunity might have arrived on the last day of the month, there's no rush -and need- to try to make it done that early. But when yI see the opportunity, I take it.

My journey has been on the track and keeps teaching me enourmus experiences. Failure is the best teacher on the way of consistency, if I ever think as if I learned it all, I'm pretty sure that I will fail.

Best Regards.

Congratulations for May, I hope that June and the following months will be as good !

I think that you're right, knowing to stay humble at all times and specially when successful is a key to success.

Thank you for your kind wishes!

If the market would work like a machine, only mathematics would be more than enough for the success. If interpretation the economic data would be enough to take a position, then there would be thousands of retail traders that earn more than they could spend for their entire lives. As far as I observe, all of written above are cruical to be consistent, but they are definitely not game-changer. My journey is all about discovering every single corner of the mindset to be consistent.

There is always something else beyond general approaches and accessible knowledge.

Regards.

Hello!
I completely share your view on target of 5% average per month meaning 60% per year. If consistent then it would be just great.
I’m still on my way to find something which could work for me.
Just if you could advise what time frame you trade and your general money management approach? Thanks!

Wish you to reach your goals!

Patience is the largest factor in share market which plays important role in market success.