What makes a consistently profitable trader different from others?

knowing when not to trade and how to read market conditions......which is the same thing.
price may be random but market conditions remain same for extended periods of time
waiting for the market to tell you the most probable trade and getting out at the right time.
it is necessary to be right twice-on entry and on exit

I believe you are right, when you say there is the right and wrong time to trade, but i do not believe the price is random.

Other wise how do we make money?
 
Hi please elaborate, on how you trade market conditions.
first determine market conditions-is it a trading range day or range day..... you can see it by looking at your screen.
i did not say it is easy to do to teach or explain so it is easy for you to ask how do you trade market conditions.

that takes years of experience
 
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first determine market conditions-is it a trading range day or range day..... you can see it by looking at your screen.
i did not say it is easy to do to teach or explain so it is easy for you to ask how do you trade market conditions.

that takes years of experience

Just to say (trading range day or range day) sound to like you are trading a higher time frame than me, I do not take notice where we are on a 1/2/4 hour /or daily chart is, i do note but not for the strategy i trade.

You ask how i trade Market Conditions i gather this is the same as most.

Major New releases ,which are on the calendar.

Major event news releases (NOT on the calendar) . World event news which will move my pair (then manage that trade) if i am in a trade at the time.

Knowing when to start trading again after the above.

Holidays

Time of day,

etc, etc

Its all basic conditions, but it works for me.
 
provide markets to incoming orders. use to be someone on the top step, specialist, dpm, friends with a broker, now pfof
Where can a retail like me get order flow info? I am not trying to give you a hard time, I really want to know if it is possible.
 
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