There are many different methods to make money in this business. It is difficult to make a consistent earning, but its definitely not impossible. I mentioned before that all it takes is identifying 1 trade setup and mastering it.......someone else responded with the markets change...no...they never change...it appears so because the markets are random or appear to be, but its simply a repeated cycle...nothing changes...its the same as it was a few years ago...may have more players now, but the general psychology of the markets are still the same...
DislikedIf you can consistently make a 4% return on equity each trading day, you will quickly become sought after by almost every hedge fund out there. Consistency is key. I wish you the best of luck continuing to make that return. Experience tells me that it will extremely difficult to do that on a consistent basis though. I personally risk 1% of my equity on trades and am happy to make 2%-3% a week. I'm attempting to build up a solid track record on myfxbook so that I can professionally manage money in the future. I think if you want to get picked up...Ignored