How You Make Your Trading Profile Into Profitable One!

Making profitable trades is worth being. But how many can get it? You can be one of them but you have to know the "HOW?"

Here the defined description of your profitable trading tips--

Maintaining Commitment, Even During Challenging Periods

Trading is not fun and throughout your learning period, you have to face tough times and hurdles. A good trader should always be ready to face challenges.

The goal and working towards it should enthrall you and the losses that occurred should not deter you from actively working towards the goal.

If you were not being paid to trade, would you still love it and enjoy the challenge? If so, be sure, you are maintaining the necessary commitment to succeed.

Get Comfortable With Losses and Losing Periods

You have to believe that my inbox is always full and has been filled to its capacity for a year. It is because of the incessant request for the system with a high winning rate.

By itself, the winning rate does not guarantee profitability. The controversial thing to note here is ‘the unsuccessful traders who opt for a high win rate are really asking for compensation.

The lack of confidence and unknowing of the fact that nothing is solid in trade prompts them to go for a solid thing and they expect compensation.

Intentions Must Be Consistent With Actions & Beliefs

If your goal and working towards the goal did not produce the desired result, then the person to blame is no other than yourself. It indicates that your intentions are in direct opposition to your actions and beliefs.

It is one thing to say or think, ‘I want to be a successful & consistent trader‘. But if the moment comes to fill in your trading journal and you balk, then there is an inconsistency between your conscious and unconscious mind.

It is like ‘somebody wants to be wealthy and looking around his belongings and feels poor’. This attitude won’t help in making wealth and he is prone to failure.

Avoid Under-performance in Trading

What is one thing which without fail promotes under-performance? Excuses. Have you ever used excuses for your results in trading? If so, you are making it more probable for under-performance.

The best way to avoid under-performance in trading is to get rid of the excuses. Adopt a ‘no-excuses approach to trading. It is better to chant and follow the mantra “ I am responsible”.You may not be in control of everything that happens in the market, but you are responsible for your performance.

The Bottom Line

Trading relies on everything. Your strategy, analysis, broker, signals, and your patience, and so on. But with the main progress, you have to define what you truly need.

Thank You!

Thanks a lot, just a follow-up question, how do you mentally deal with drawdown? This is a major issue for me.

Losses are part of forex trader's life. If I tell you my success rate on trades it stood at 75% on monthly average. So the main thing is to focus on the improvisation from the mistakes and enjoy what you have earned!

Now 75% of traders have to leave the table and forget the password to the PC. This is really important when you love what you do, but unfortunately it is rare. I have been trading since 2009 and I understand what you are talking about.

The only important conclusion is that the professional must understand what to do in case of profit or loss and strictly follow the strategy

I spent a lot of time and effort to learn to accept this. And now I also try to convey this to my colleagues. There is no one to blame except yourself for the fact that dreams do not come true.

I would also add my thoughts here.
There is no magic strategy that works for everyone and always.
Because any strategy must be constantly monitored to make changes on time. Do not be fooled that trading can be a simple matter and after you buy an EA, everything will be OK. This is not true. You will have to find the confidence and strength to study the market and the principle of the ea before you start earning consistently.