Three C’S of Consistency Trading

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If you are an experienced trader or new to this field, how many times, you have heard about consistency trading. You might be well-aware of the latest techniques and tools like Fibonacci day trading software, auto trade hands free, etc. But, being aware of how to deal in a consistent manner is highly important for the success of your dealing. Here comes the question about the important keys for dealing consistently. Here are the three keys that are highly essential to achieve consistency in this field of high inconsistency:

1. Clarity: Of course, clarity is highly important to achieve consistency trading. This is of course an important element. When you do not have a clear plan and why you are dealing, you will not be in a position to take focused moves. As a result of this, things will take a longer time and it will never be possible to show consistency in profits. When there is clarity, focus will automatically get into picture. When you have better focus, you can of course do profitable trading. So, how to test your clarity? You can test it by finding whether you can get answers for the following questions from within you:

a. What are the reasons I trade?

b. What market am I trading in?

c. What hours will I engage in the market?

d. What type of system should I use? Whether it is auto trade hands free or Fibonacci day trading software?

e. What data will I be using?

f. What sources will I be using to deal with the market?

g. How will I manage my environment both physically and emotionally?

2. Commitment: The second C on the list is the Commitment. Of course, you know this is highly important in any task you are engaged in. So, here are the questions to find answers to, such that you can judge the level of your commitment:

a. What are the boundaries will I have to set for myself?

b. What should I do when things are not moving as per my wish?

c. What to do when things are not comfortable?

d. What are the things I can give up to achieve success in trading?

e. What can I do to achieve success?

3. Courage: Courage is the third C in the list. Have you come across a situation, where you were very well aware of what to do, but were not that much courageous to do that? Even though, the situation might not be in your favor, do you possess the courage to carry on with the things?

So, these three Cs are important regardless of whether you do online trading or physical dealing.
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