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

    1. #11
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      Yes, this is true that we should not ignore the small profits, after a certain time, all the small profits will grow together and will make a big one. We should keep the risk lower , so that if we have a loss, we can have a chance of recovering the loss quickly. I also have the same mind set that I keep on adding the small profits and do not run for the big at a time.


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      While trading it is important for the traders that they should learn to control emotion. They have to learn to make consistent profit. In here , traders have to know to make trading plan for that.They have to set target. It is important to control risk and take small risk. they have to analyze the market.


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      Actually you cannot make consistent profit from forex because you cannot ignore loss during trading. suppose if you make profit from three consecutive trades then you could be loss from your fourth trade.


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      small and consistent profits are better than quick and wasted profits as what comes quickly will go quickly so going steady and slowly in making profits is better than going so aggressive and quickly and in general without following money and risk managements you will never succeed and you will still suffer


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      Yes, in as much as we can make the profits consistently then we will have more chances at being successful in the business. But then when we have not learn it becomes a problem. Trading is a risky business so therefore I have learned that if we want to make money then we have to learn, we have to put in more efforts into learning so as we can have that consistent profits been made.


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      I think this is why patience is very good because with patience we can take small earnings very serious and look to be consistent with it. With the little earnings we make here we can turn out to have a successful trade that we can sure enjoy and love much more about. No point rushing for fast profits but slow and steady can bring out the best in us.


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      A trader who can earn small but consistence profit from Forex trade , they are considered as good trader because they have good trading experience . All the trader can't earn consistence profit from Forex . So to become good trader in Forex market , try to earn small but consistence profit . Try to satisfied with small profit because Forex is good for small profit money .


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      Consistent profit is very useful for trader because trader most of the time make profit but they dont have consistency. So when they have consistency they can easily doing good. Trader need to trade with good trading plan and stick with their plan then success will come their hand. Slowly making profit is not bad so trader should focus on that at the beginning.


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      Yes small profit on continues base is the right way of a successful career of you accepted small profit also then it's have a good thing to move on and yes of course one day you make such a good profit when you consistently earn so somethings so always accept.


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      That's true one important thing is seeing that you make your profit consistent and no matter how small the profit might be. This is because with time the your profit will increase as far as you keep the making constant, because that's what's needed in forex not making profit in a risky way.


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