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    Thread: Small consistent profit can make us a successful trader (part 2)

    1. #1
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      Lightbulb Small consistent profit can make us a successful trader (part 2)

      Well that is correct small consistent profit can make us a successful trader in the future because no matter the profit that we can make either its a big or small but if we can get the profit consistently then surely we can get a big chance to get the success from the business as we can growth our capital steadily.
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      when you trade and earn your money in a consistent way then you are gradually building up your account in such a way that you will not have to worry so much about loss because i believe with this kind of trading system you are not over exposing your capital to an unnecessarily risk, this is better than haunting for traders using some unprofessional means that can easily destroy your trading capital.


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      Small and consistent profit from the trading business is very much important, if you remains looking for the big amount of profit then there is lesser chance that you can make good of profit, so gather the profit whatever it is.


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      it's rare to find a trader who can accept small profits but if they do and they can do it consistently then the account would grow over time and they would be successful. It's the first step that matters which is actually accepting that it would take time to achieve such a feat.
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      It is a popular saying that little drops of water make a mighty ocean.Taking little profits pertime will accumulate over a long period of time.Infact i strongly believe in taking this approach because in the universe a whole is always a sum of parts.In my view,traders using this approach are wise and will likely go far in this forex trading game.


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      small and consistent profits are better than quick but not consistent one as the previous one can be wasted very easily because you do not give enough respect to the biases of money and risk managements and this is why the forex traders advice each others not to risk more than 2 % for every trader


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      I agree with that, I also think if you are a beginner in forex you should try to make small profits from your trad one at the time, and also if you having a bad day or week, that is a good method to recover what you lost in a giving time, sure it is a long and hard method specially since it evolve waiting but it worth it.


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      I have confirmed from my own personal experience that it is small consistent profit that makes a forex trader successful. It is better people learn from this especially those who are used to trading with higher lot size.It is not a big profit made by luck or chance in a single trade that will make you to be successful , in fact you may lose that in subsequent trades if care is not taken . In all, forex traders need to be mindful of the risks they take on their accounts


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      if the trader is getting consistent income then he easily manage to increase his income with the passage of time and after getting good experience . this is the first step and a big achievement towards success of the traders. so stay contented with your small income and do not panic.


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      Yes this is very true that whether the profit that we make is very small or big what is so important is are we making it consistently? Because making pip consistently simply means making the pip keep the pip and repeating the making of pips, this process means that the trader is succeeding in his trade. But when a trader is lossung gradually that mean such trader still have a lot of work to do.


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