Is consistency the sole purpose of trading?

[HONDACD125]

I usually understand that consistency is something that build people up on whatever they are doing, same language I do hear while gambling that they should be consistent in what they are doing.
What if you are that consistent trading and for long you aren't seeing the results you should be having after being consistent for long time, would you directly or indirectly change your focus while trading to something else?
Does this also applicable to gambling, or it works only in trading to be a consistent trade brings more results?

I don't know how but I don't really think consistency is required for both trading and gambling, because both of these things require a person to have patience, and that is because you will often need to take breaks to refresh your mind and save yourself from rash decisions that can lead to bigger losses after a small loss, and this is for both, trading and gambling. People who think that they are actually going to win if they stay consistent in trading or gambling are delusional because in gambling, it's all about your luck, and you don't become lucky by being consistent, and for trading, consistency in the long run might be useful if you keep learning from your mistakes and keep working harder after each loss, but in the short run, it has no value even in trading.

I would always suggest people to get a break from trading whenever they lose a trade, if it's futures, or lose some money in a trade if they are a spot day trader, because this will allow them to think about things more widely and openly because they will have time and space, and they won't have a mind that is burdened with so many thoughts. This is very important, and, I don't think this is how consistency works, but this actually works much better when it comes to things like trading.

[JunaidAzizi]

If you are consistent in what you are doing and facing failure again and again but are not making any improvements, then your consistency is nothing more than a waste of time. We are saying that if you face a loss only one time and leave trading just by saying that it has nothing to offer, then that would be wrong. At least you can try again and again, but at the same time, you have to check where you are making mistakes and the reasons for your losses on a daily basis. Then, surely a day will come when you can achieve success.

[kawetsriyanto]

What if you are that consistent trading and for long you aren't seeing the results you should be having after being consistent for long time, would you directly or indirectly change your focus while trading to something else?

If this happens to me, I will evaluate it how it goes so far. Being consistent will be nothing if we don't apply proper approach. There should be something wrong with the trading strategy or the coin selection. These are matters related to the trading skills and the ability of analysis. So, I prefer to improve these first before deciding to quit if there is still no good results.

Does this also applicable to gambling, or it works only in trading to be a consistent trade brings more results?

What consistent do you refer to? Being consistent to keep gambling in certain games? Or being consistent to apply a proper approach in gambling?
If it is related to the way to improve good results in gambling, I don't think "consistent" is really influential. Moreover if it is for the luck-based games, the such thing won't influence much on the winning rate.

[BitBakerr1]

As a trader if you are very consistent on a particular strategy and it’s making you lose money what you should do is to change strategy don’t be consistent in a strategy that is not giving you the desire result. If you continue being consistent in such a trading strategy, you will keep losing money and you will end up becoming a failure so if a strategy is not working for you don’t be consistent in doing it. Change pattern when you change pattern and you find out that it’s working for you. You continue using that pattern. Trading and gambling are two different things and should not be compared when setting an example or when talking about trading because they are totally different thing, however, I’m not saying that being consistent in trading is bad. I’m only talking about the strategy you are using as a newbie you must be consistent in trading while changing strategies.

[GreatArkansas]

I usually understand that consistency is something that build people up on whatever they are doing, same language I do hear while gambling that they should be consistent in what they are doing.
What if you are that consistent trading and for long you aren't seeing the results you should be having after being consistent for long time, would you directly or indirectly change your focus while trading to something else?
Does this also applicable to gambling, or it works only in trading to be a consistent trade brings more results?

First, they must not say that in trading and gambling, gambling is different from trading, especially when we are talking about "consistency".

For me, in trading, I can really say being consistent will help you win or lose. Most mistakes of beginners in trading are that after a few losses, they tend to stop already or pause, then go back again and stop again - it's becoming a cycle. We all know trading is difficult, but for me, being consistent with it, you will master it. That's why it's also high advisable to have proper risk management because most reason of people stopping and not consistent is their capital, some already losing too much.

[jcojci]

If you already consistent from a long time but not seeing the results you expect, something wrong happens so you need to introspect to find the mistake. Maybe your skill are not enough to identify the market moves so learning more will be the thing you should do.

But that can not applicable to gambling as gambling is different than trading. You only play gambling for fun and not for making money. So you can't rely on gambling to make money.

If you wants to makes money, you can rely on trading but you need skills. You should learns and not stops as the market will always moves.

[JeffBrad12]

I see no such thing as consistency in trading, you just make profit and thats it. Anyway, what do you mean by trading consistently? isn't at that point you're forcing yourself to trade even when the market isn't in your favour?
You just need to make things simple, you buy something and you make profit by selling it at higher price, such thing is trading. What matters more than anything else is you are making profit.
Anything else such as trading consistency is just a cherry on top, probably gimmick word at best. You want consistency, you seek in something else, trading is speculation.

[OsaiEmma]

I usually understand that consistency is something that build people up on whatever they are doing, same language I do hear while gambling that they should be consistent in what they are doing.
What if you are that consistent trading and for long you aren't seeing the results you should be having after being consistent for long time, would you directly or indirectly change your focus while trading to something else?
Does this also applicable to gambling, or it works only in trading to be a consistent trade brings more results?

Consistency here is not saying "keep on consistently applying your failing strategy" nope, but it is, "keep on applying your tested, winning strategy". If you find a strategy that is proven and tested to be a winning strategy, because you have a few bad days, you'll want to switch and change strategy, that is being inconsistent.

If you consistently keep loosing with a bad, not tested strategy, you'll definitely deplete all your capital and have a marginal call. You should also be consistent in learning everyday, so as to be a better trader.

[fadhilz123]

I usually understand that consistency is something that build people up on whatever they are doing, same language I do hear while gambling that they should be consistent in what they are doing.
What if you are that consistent trading and for long you aren't seeing the results you should be having after being consistent for long time, would you directly or indirectly change your focus while trading to something else?
Does this also applicable to gambling, or it works only in trading to be a consistent trade brings more results?

While all jobs generally require consistency to see results, in trading, this is slightly different because market conditions don't always run smoothly. Therefore, in addition to a greater sense of consistency, there must also be a sense of preparedness to face adverse situations when market conditions begin to change in an undesirable direction. Trading is a profession where risks cannot be eliminated and cannot be avoided by anyone, and gambling is no different, as the risk of loss is always present because it cannot be eliminated by any user.

[Yablee0]

I usually understand that consistency is something that build people up on whatever they are doing, same language I do hear while gambling that they should be consistent in what they are doing.
What if you are that consistent trading and for long you aren't seeing the results you should be having after being consistent for long time, would you directly or indirectly change your focus while trading to something else?
Does this also applicable to gambling, or it works only in trading to be a consistent trade brings more results?

Consistent doesn't in any way guarantee winning or success especially in these two (gambling and trading), the both of them have a very higher chance of risking your funds if not careful so the best is to always invest the little you can let go.

However, to me I can't boldly say am consistent in my gambling streak because that can only make me stocked and depressed in it and also likely to make me a fool of myself the same thing to trading, as a matter of fact being consistent only can't bring positive result if the market isn't in your favor, however it is only safe putting the little you can afford to lose knowing fully that consistency alone can not guaranteed success not when trading stuff is concerned.

[TheUltraElite]

I will not say firmly that trading needs consistency. What I feel is that trading is not everyone' cup of tea. The person needs to have the proper nerve, mindset with the proper knowledge and then comes the capital in that order.

It is not uncommon to find people who are lacking in much of these factors.

Hence if trading is not working for you, dont try to grind it but rather move away from it. Stick to long term investments, there is nothing bad about it.

[Gozie51]

What if you are that consistent trading and for long you aren't seeing the results you should be having after being consistent for long time, would you directly or indirectly change your focus while trading to something else?
Does this also applicable to gambling, or it works only in trading to be a consistent trade brings more results?

Consistency is in various ways... Consistency in trading which is making trading orders. Consistency in profit or consistency in losing, because you can also be a consistent loser  

But the buttom line is if you have traded for long and you can't show something good coming from it then you are consistent in making loses and you should either take a turn around from the strategy you are using or if you have lost interest then you stop trading. There are traders who have been losing but they still have interest and believe that they will get better, what should be done in such instance is to adjust into another trading strategy.

[justdimin]

the only reason why you trade is because you foresee that you are winning and making profit. if you ain't seeing a win to happen in a week, you pause trading and do something else like gambling.

you can't be trading consistently when you aren't making money. you best stop what you do and look at what others are doing because not everyone is trading consistently despite seeing the price is very much unpredictable. you can find strategy or chose another market to try out if you can make it somewhere. bear market means a time to test in futures market. 

You do not go from losing from trading to gambling? I mean what kind of backwards thinking is that? Gambling is already a loss column in any day of the week and if you do that then you are going to lose even more. If you trade and you are not having a good period, the thing you should do would be staying away from it for a while, that will get you better and the results would be fine.

I understand how this could be something that would be difficult and different, but for now it is not going to be something that we do that often. We should be considering how this could be very difficult and how things could change the situation at hand, we should not be considering how this could be very different on the long run.

[joeperry]

Consistent trading doesn't mean being successful, your aim should be consistent profit and strategy. I've read a lot of PDFs and articles that even in 40% win rate is profitable as long as you have good risk-reward ratio. So the consistency is not just one thing you should check out, there's a lot of factors to consider to be successful in trading and yes it can be also applicable to gambling. Now, if you are consistent trading but you are not profitable, it's an indication that there's something wrong with your system/strategy and you need to figure it out and change it.

[rat03gopoh]

Being inconsistent doesn't mean being unprofitable; it's just general advice that you should maintain consistency. In fact, there are many benefits to sticking to a trading plan, such as better time management, easier evaluation of trading results, and so on.

However, there's no hard and fast rule that requires consistency in trading.

[pawanjain]

I usually understand that consistency is something that build people up on whatever they are doing, same language I do hear while gambling that they should be consistent in what they are doing.
What if you are that consistent trading and for long you aren't seeing the results you should be having after being consistent for long time, would you directly or indirectly change your focus while trading to something else?
Does this also applicable to gambling, or it works only in trading to be a consistent trade brings more results?

Consistency is the key whether it be trading or gambling. Consistency gives us the experience we need to attain good results.
With experience, we tend to avoid issues we could have faced and we focus more on things that will bring us one step closer to positive results.
It's the same with everything and not only trading and gambling but others too.

[fredericktaylor]

I usually understand that consistency is something that build people up on whatever they are doing, same language I do hear while gambling that they should be consistent in what they are doing.
What if you are that consistent trading and for long you aren't seeing the results you should be having after being consistent for long time, would you directly or indirectly change your focus while trading to something else?
Does this also applicable to gambling, or it works only in trading to be a consistent trade brings more results?

I think that achieving success in trading is not an easy way, for success you need the right knowledge, understanding of market volatility and using different strategies and entering the market at the right time with patience. One mistake we make while trading is that we cannot control our greed, as a result, it is not possible to lose money rather than gain money. In fact, consistency is needed to achieve success in any field, but along with this, the right knowledge is very important. There is a lot of risk of losing money in both trading and gambling, but if we can persist for a long time with the right knowledge, then success can be expected through trading. In gambling, there is no confirm, it depends entirely on luck, if luck is good, the gambler can achieve success, otherwise it is not possible.

[Japinat]

If you have been trading consistently, yet no evident positive results, that only means that you are trading the wrong way. Either you care to correct your wrong trading practice or just leave trading for good, especially if you have not made notable outcome that makes you benefit as a trader.

Trading consistency is good, but it will never guarantee winning or  becoming a professional trader. Although I have to say that beginner traders should stay consistent as it is because its the only key to improve performance level and to increase the winning potentials, but there are just traders who think they can be good in it, but reality is, they aren't meant for that craft, that's why no matter how much they tried, they still fail along the way.

[taufik123]

-snip-
What if you are that consistent trading and for long you aren't seeing the results you should be having after being consistent for long time, would you directly or indirectly change your focus while trading to something else?
Does this also applicable to gambling, or it works only in trading to be a consistent trade brings more results?

It's not just about consistency, but about how you learn and understand the market for trading.
Even if you are consistent but do not understand the state of the market, then it will only be in vain and defeat will always happen.

People who understand and know how the market moves will execute it calculatingly, and consistently is the thing to do.
But not without defeat, defeat is bound to happen but the percentage of victory will be higher.

Consistency is part of the small things of a trade, it takes more patience, analysis and also confidence to be able to understand the market that is constantly changing.

[Achalugo BTC]

If you are consistent in what you are doing and facing failure again and again but are not making any improvements, then your consistency is nothing more than a waste of time. We are saying that if you face a loss only one time and leave trading just by saying that it has nothing to offer, then that would be wrong. At least you can try again and again, but at the same time, you have to check where you are making mistakes and the reasons for your losses on a daily basis. Then, surely a day will come when you can achieve success.

Totally on point, analysis where you are making mistakes, will help one to adjust their strategy and make sure its in line with their goals, because consistency is one of the key points to ensure that one achieve their goals and if one is repeatedly failing without learning or making any changes is a waste of time. That is why trading is not for everyone, if anyone is interested in trading, they have to make every necessary move or proper consideration, which they also have to checkmate their emotions before concluding on their decision.