Is it possible to make consistent profits from trading
- Thread starter sab1234
- Start date
Are u Borat?
What do you mean by borat?
Yes but the ratio of smack to coke is paramount.
Or George Lane with stochastics.Exactly like Welles Wilder did with RSI, and Gerald Appel did with MACD, you mean?
Don't tell me: let me guess - theirs happen to be no good, but yours happens to be steadily profitable?
That's what RSI measures, though, isn't it?
...
My point was simply that your approach to marketing your wares seems to involve criticising other people's methods (not always to everyone's taste, but your call, I suppose) for having done exactly what you also claim to have done yourself. It's one approach, I guess ...
Gotta' love those testimonials. Completely unbiased! Here's how he used to roll, maybe he still does?
"
- Customer agrees to refer two new customers to "ATS", and to promote the system.
- Customer agrees to provide "ATS" with a brief testimonial on the system.
- Customer agrees to act as a referral for the system, when required by "ATS"."
Yes, you can generate profits constantly in any market condition, but in order to do that you need years of hard working to pratice and improving your skills. Common indicators like RSI, MACD and etc. do work well, but how you use them in your trading system to achieve your trading objectives are something you have to keep testing.
As you grow older with this trading business, you will realize how important it's to manage risks with discipline BEFORE PROFITS. For each trade you are about to enter, your first priority is to ask yourself how much risks you are dealing with so that you know a) how much capital to put into that trade, b) where your stop loss is and c) when to exit your trades to lock in profits.
I started TopStepTrader (after reading ET posts about it) in October as a challenge to myself to see how well I can do in their program. I'm currently in level 2/FTP and since I've to follow their scaling plan which means it takes longer to pass. Anyway, I decided to share below screenshot to prove that a) below record is true and b) you can generate profits consistently. Regarding to a losing trade from that screenshot, it was a profitable trade at first. It ended up to become a losing trade because I was distracted to answer a doorbell from my neighbor while chatting with him.
Good luck to all.
As you grow older with this trading business, you will realize how important it's to manage risks with discipline BEFORE PROFITS. For each trade you are about to enter, your first priority is to ask yourself how much risks you are dealing with so that you know a) how much capital to put into that trade, b) where your stop loss is and c) when to exit your trades to lock in profits.
I started TopStepTrader (after reading ET posts about it) in October as a challenge to myself to see how well I can do in their program. I'm currently in level 2/FTP and since I've to follow their scaling plan which means it takes longer to pass. Anyway, I decided to share below screenshot to prove that a) below record is true and b) you can generate profits consistently. Regarding to a losing trade from that screenshot, it was a profitable trade at first. It ended up to become a losing trade because I was distracted to answer a doorbell from my neighbor while chatting with him.
Good luck to all.