How To Be Consistently Profitable in Forex Trading.

[Sri Hartono]

I strongly agree. to maintain consistency of profit that we get, we must be disciplined with a trading system that we do, do not violate the rule which we have specified that already generate profit.

[julianambas]

must have a good strategy and confidence and discipline is high in the open position. and avoid leserakahan as well as the mindset that easy trading will benefit greatly. forget about it because it will take us to the brink of defeat

[kalponick]

You should not aim for profit in every trade.. or even daily basis.. Because sometimes even expert traders failed to do that.. You should only aim for ending the month with profit.. Thats quite possible.. But even that requires a good knowledge about the market and huge amount of experience.. Its not a easy thing to achieve but not impossible either..

[aamu]

forex easy business nahi hai lekin agar thik se study kari jaye to forex se consistent paisa kamaya ja sakta ai
forex me jo bhi trader market ko smajh ke usse analyse karke uske fundamentals samjh ke trading karta hai, uske liye market bahut profit deta hai

[william88]

Indeed to get profit from trading in the forex market is not easy, especially for traders who are new in the forex market. but it does not apply to a professional trader and expert in forex trading. so that we can get profit with ease then we have to study it seriously until we become an expert in forex trading...

To be expert in trading we need a lot of experience..And what makes them experts is they know what they are doing,and already know how is the market react..
The way they trade already turns into habbit..because they do it averyday..
SO if we want to be an expert,i think we must make our action to be a good habbit..
Good habbit means a good system,with perfect money management,and excellent trading psychology..

[kaji]

I think profit is realy very difficult for the people who are very new in the market and as many people make profit in single trade but loose double money in another trade so it's not about only taking profit it's the mindset and approach.

Indeed to get profit from trading in the forex market is not easy, especially for traders who are new in the forex market. but it does not apply to a professional trader and expert in forex trading. so that we can get profit with ease then we have to study it seriously until we become an expert in forex trading...

[ahmedi]

I think profit is realy very difficult for the people who are very new in the market and as many people make profit in single trade but loose double money in another trade so it's not about only taking profit it's the mindset and approach.

It is not so hard if we wanna learn in much time, the best thing that every trader can do is to evaluate every single step he do in forex . if that step helped him to make profit then he should mark it as good to do . and if not then he should mar it bad to do

[nurdiantofxwave]

So that we can make a profit consistent, we need best trading strategies, using a right money management, and keep emotion when we are doing trading. If we have got some considerable profit, we must closing position and remember don't be greedy.

[mmja2003]

Your thought is nice. I like to add my opinion that -
I think in Forex to make consistent profit is not tough. If you open a trade and don't close the trade no loss will be done. And keeping this trade open you can open another trade depending on market trend and if you can make profit you can close it. If no profit don't close it, then open another trade and if make profit then close it. We have to remember that a currency never been always down or high, must be reverse at last. You have to keep patience and don't close the trade at loss. So no loss will be added in your account. But for this type of trade you have to have enough money for forex trading. As per I know many traders have opened EUR/USD at buy rate 1.44. Yet they didn't close the trade. So they have no loss. But for making daily profit you have to close a trade depending on analysis even if it is loss that is follow every expert traders.

[kaji]

To be consistently profitable in the forex market trader should have a testified strategy which can be workable in every type of market. There has to be a fair money management system in the process of trading. Trader has to be reliable in his own strategy and should study further on forex because knowledge is everything to exist in a market.

I would argue that in order to be able to get profits consistently is key in the management of money, with good money management then we will be able to maximize profit and minimize loss, so we always get a consistent profit at the end of our trade in every period that we specify.