I’ve seen a lot of people with great skills but a lack of consistency in their trading or honestly, in anything they do. It may not always be rosy, but showing up daily and improving by even less than 1% can truly work magic over time.
I’ve spoken to many traders recently, including one guy who’s currently top 3 on the Crazy 48h Phase 11 leaderboard. I asked him to share his strategy, and he mentioned that he trades much smarter now. He sticks to just one strategy: support and resistance. No fancy setups, just the basics. Sometimes he uses GetAgent for a daily timeframe rundown, but above all, he’s consistent. He shows up every day and tries to improve.
A few months ago, someone also made impressive numbers just by trading support and resistance on X. Again, the key factor was consistency.
What’s your take on this subject? And if you have any tips, I’d appreciate you sharing them
You aren't really explaining what you mean by being "consistent", but here's a fitting quote:
"The market can remain irrational longer than you can remain solvent"
Even if you would believe some trading strategies work better then others, that still doesn't make sense for you to always stay "consistent". You would need to be able to adapt to changing markets and not stick to something that clearly doesn't work at that time.
Now consistence can mean something different as well that is actually smart, but "sticking to just one strategy" isn't that. That is if you believe that skill plays a big role in this in the first place.