📢Trading Tip - Consistency
It is very easy to make a couple trades, and try to judge whether a strategy works or not. We have to understand that consistency is key. There is no strategy that will lead to 100% winning trades so we need to keep in mind that just because there were a few trades that hit SL, that does not mean that the strategy does not work.
For example, a strategy might not be profitable today or even this week due to market conditions or a variety of other reasons, but maybe over the next month it might be highly profitable. In this case it is very important to always test a strategy while being very consistent over a period of at least 90-120 days and 100s of trades during that time in order to clearly have a data set that we can assess.
Drop a "Got it" in the comments if this makes sense to you 🙂
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Just Simple Trading
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📢Trading Tip - Consistency
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