Do you think as long as you have one consistent profitable trading system then transforming from part time to full time trading FOR LIVING is easy? I want to say YES, but NO is the right answer.
Why not? Every system having it's own drawdown. Consistency is not measured by month, (by week, or even by day!). Consistency is measured by year, or several years. Accepting a losing month for certain trading system is logical outcome. Also means, expecting consistency return every month (let's say 5%) from now until forever is unrealistic way of trading.
Also, the nature of market is dynamic. Many profitable trading system needs parameter adjustment, both "gut based" and mechanical system following dynamic of market. Top traders having consistent habit of refining strategy, to make sure strategy still in sync with current market condition.
If you are trader, and planning to trade for your source income, then having multiple consistent profitable strategy is a must.But if you are not a trader and interest to follow my trade, you could mail me. I will give you 1 month trial FREE, no credit card required.
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