Why Trading Discipline is the Key to Consistent Profitability – Part 2.

You trade proven forex trading strategies, over and over, so that across a series of trades, the strategies work enough to produce an overall profit.

It’s like making shot after shot on the basketball court so as to accumulate a winning number of points.

The more shots you take, the more likely you will amass points.

Just look at Steph Curry.

The winning player is the person who first develops the skill to make the shot consistently so that at every possible opportunity, the ball is likely to go through the basket.

They’ve developed the skill to learn how to shoot the ball the same way every single time.

Consistency

Consistency is crucial!

It’s the same for trading.

One must trade consistently, following a specific trading plan on each and every single trade.

If you trade one approach this time, and a different approach at another time, your performance will more than likely be haphazard.

We can’t stress this enough…

You have to allow the law of averages to work in your favor so that across a series of trades, you will make an overall profit.

If you follow the plan sometimes and abandon it at other times, you throw off the probabilities, and you will most likely end up losing overall.

With trading discipline comes profitability.

Don’t let unjustified wins interfere with your ability to maintain discipline.

Follow your own trading plan, and cement in the mindset that if you follow your plan, you will end up more profitable in the long run.

Now that we’re done explaining how important a trading plan is (can we stress this enough?), it’s time for you to learn what should go inside a good trading plan.

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