Consistent trader is the one who takes wins and losses in his stride and keep moving forward.
Profitable consistency. 18 replies
Price of consistency 4 replies
Number of trades before counting consistency 9 replies
Strategy Tester: data consistency 2 replies
How to evaluate consistency? 21 replies
DislikedConsistency does not mean all profit and no loss. It means that you ensure you gain more through your wins than you lose by your losses especially by way of cutting losses early.Ignored
DislikedThe main reason traders can't reach consistency is how they approach their trading and they often fail to see the mismatch between what they are doing and what they want.Ignored
But trading strategies used by professionals are judged on risk-adjusted measures like Sharpe and the reality is such strategies have a win/loss rate that is roughly 50/50. Money is made is because of asymmetric risk-reward setups, not because of directional predictive power.
Dislikedtrying to. and im trying to deal with myself. like, i take trades that im not ment to, just because ...... greed, stupidity, lack of discipline etc....Ignored
DislikedAnd look at this graphs... {image} 100 possible outcomes with RR 4-1 and 2% risk {image} 100 possible outcomes with RR 4-1 - 0,1 % risk {image} 100 possible outcomes with RR 1-1 - 2% risk What kind conclusion comes form this... for me win ratio end positive expectancy plays key role in long therm... let your winner run and close your losing trades fast... old story yeah?Ignored