There is more to being a Consistent Profitable Trader than you think!
We all know that being consistent when trading the stock market is a key component to becoming successful. But as a trader do you know what being consistent actually means? Some people term consistency with just making profit more times than losing which is true but there are so many more ways to be consistent as a trader.
Identify the trend
Trade the same patterns
Use the same indicators
Use the same money management structure
Use the same risk to reward profile
The list goes on and the more you add to your consistency list the more you can rely on being constant. By being consistent it makes things much easier to analyse. You can analyse your trades better by understanding what is happening and changing things to make them work better. If you have a medium line of consistency you can quickly figure out what works and what doesn't.
From the video you can see that by identifying key areas on the chart you can understand when and when not to trade and the frequency of recurring events that take place in the market.