I’ve been trading for 3 years now and I’m still not profitable. What can I do to become a more consistent and profitable trader

You have been trading for 3 years and like the 95% -

You find yourself taking trades you “knew you shouldn’t have taken”

You “knew you should have waited”

You “could have made X but instead you lose Y”

And every other excuse that comes with being an impatient chaser.

An impatient chaser is characterized by a number of psychological issues. And they can all be boiled down to a simple culprit -

You have no confidence in the long term data of your system.

And instead of taking the time to study your system, you are impatiently chasing after something external.

Sit down with yourself and ask yourself if you are 100% committed to the internal or distracted by what other have, what others do, what you could achieve if you just got lucky.

When you are looking at a market and you have undergone a proper study of your edge, you should be able to quickly recognize if the market you are looking at is optimal or non optimal for a setup. This is what is going to keep you in good trades and out of bad trades. Because consistency is not defined by how many trades you take, it is defined by your ability to stay out when others are dying to gamble.

The 95% is dying to gamble.

So why are you worried about what they are doing?

Focus on the internal.

Focus on the long term.

Do not become the impatient chaser dying to gamble.

Published by   bull12345.blogspot.com