Investing has definitely never been easier than it is today. To be a successful trader, you need to zero in on a strategy that works specifically for you. Let’s suppose you have already paper traded and understand the technicalities of the market, how then do you stay consistent with stock trading when you are just starting out? Is there any secret to staying profitable?
Consistency in Stock Trading
The key to consistency in stock trading is really straightforward, but can be difficult to achieve. It requires you to stay true to your path. You need to remove distractions that can cause deviation from your goals and trading rules. Trading is not a get-rich quick game, at least that cannot be your mentality when starting out. Trading is a long-term commitment. To maintain your consistency, you want to control the two following factors