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Consistent Trading Success Builds Confidence

Consistent Trading Success Builds Confidence

 

Being confident is a really important characteristic of successful traders. Success builds confidence – in trading as in most other activities. The only way to be confident in trading is to be consistent and profitable so the first part of gaining confidence as a day trader is to build consistency in your trading activities. Being consistent in trading is not easy to do, since trading involves periods of losses that are inevitable. 

Having confidence is a really important characteristic of successful traders. Success builds confidence – in trading as in most other activities. The only way to be successful in trading is to be consistent so the first part of gaining confidence as a day trader is to build consistency in your trading activities.

Being consistent in trading is not easy to do, since trading involves periods of losses that are inevitable. The idea is to minimize those losses to a small dollar amount and in as low a percentage of total trades. The way to do that is to have a system, but there’s no such thing as a system that will deliver 100% success, for day trading that is. But there is a way to generate consistency, and that is to be a student of the market.

By studying the market, I am able to calculate a range within which the market is most likely to trade on any given day. is the system 100%? No, because it needs to be modified through judgment and experience. Nevertheless I found it works for me and has given me consistency, confidence, and of course profits.

It’s the system that I provide by subscription to traders who have put their confidence in me and have seen the value that the system offers them. If you would like to sample the system, go to my website at timelessdollar.com and subscribe. The first week is free and after that, it’s really inexpensive.

Knowing the day’s trading zone before the market opens gives traders a big advantage over “seat of the pants” traders. People who enroll in my trading course receive the calculated support and resistance numbers for the following day by email. You can receive this information each evening by enrolling in my trading course using this link. As a bonus, you’ll receive a 10% discount when you enroll. 

If you’re not ready to enroll, but want to join my mailing list and receive information about my trading course, subscribe using this form.