Is consistency the sole purpose of trading?

[DPHOR]

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?

[Oshosondy]

Trading is more than consistency just like how it is in gambling, as you are gambling with the amount that you can afford to lose, also be trading with the amount of money that you can afford to lose.

I gamble with 2% of my weekly income.
I trade with 10% of my weekly incomes.

Do it in a way that even if you lose, you are still moving forward in life, not in a way that you will spend all your money on trading and continue losing. Some people will continue to trade and continue to lose just as it is in gambling.

[Alphakilo]

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 in trading in quite distinct from consistency in gambling, because while being consistent in trading activities, what makes you profitable is to learn to adapt to new strategies that may be favourable in the long run, but for gambling, you can be consistent for a long time and still experience several losses.
Being consistent in trading should be a productive effort, then if it isn't productive it is obvious the trader is being consistent with repeating same errors. Perhaps the errors may come from being inconsistent in managing risk and ones emotional state as well.

[cryptoaddictchie]

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 trading and gambling doesnt make you a perfect user if you lose sometimes. The thing is those stuffs arent cut to be accurate when giving result. A professional trader who knows what his doing doesnt mean always got profit for his trades. He also experience some losses and thats for sure. Cause its the market dictates whats its movement and sometime some factor affecting it without relying on the parameters we studied.

[Zaguru12]

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 actually applies to trading only in my opinion and this is because in trading there is need for knowledge and perfection comes from experience which is gotten from been consistent in practice and seeking the right knowledge, I differ on it in gambling because I don’t think it requires that much knowledge.

Then while been consistent is there time to stop if the result is actually not too different? I say yes if someone is trading for like close to two years and there is no real change then he is definitely doing something wrong and could be psychological and in my opinion it is best to stop because it shows he get better off that.

[crwth]

Hmm, initially, I would think that it's a strategy-based failure. Failure in the sense that the trader didn't get the expected results. It's most likely to be wrong decisions.

I'm thinking there can be incorrect ideas about making sure it's correct in your recording. Maybe you are profitable, but just don't see it because of the lack of historical data on your trades. It's best that you record your wins/losses or check your exchange to see your profit. Journaling could really help you in terms of post-trade analyses.

[electronicash]

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. 

[Perfectbaby]

Trading is a personal choice just as gambling is a game of interest, there are people who would want to trade but wouldn't know how much they need to use to trade whereby they would go that deeper trading with higher amounts thinking they would recover so easily without them knowing that trading is risky. Of course, it is good to trade with what we can afford to lose while trading, same thing is applicable to those who are also gambling, when you gamble with a very little amount it wouldn't hurt you or even break you down so easily while gambling. As the previous person already said, you should be trading and gambling with what you can afford to loose while involving yourself with these activities.

[hyudien]

Consistency doesn't always end well or bring success, which is the same as when you go to school, you study for years but the champion always belongs to someone else, but that doesn't mean consistency is bad, because even if you don't succeed or haven't succeeded, you will still get other good things from there, success isn't always about profit, there are other valuable things that can be utilized, just like when you have tried to consistently trade and find you still don't find results, you may not have made a profit, but you have built something much more important, experience, emotional control, discipline, and a deeper understanding of how the market actually works. And always ask yourself, when you start to get tired of what you are doing, maybe it's time to stop and start trying for success from another place, because I always think, trading is not created for everyone, the market is a battle, some lose, some win.

[Cyber_warrior]

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 helps to build one’s confidence and understanding in trading and it also helps to build our portfolio when the right mindset is put into practice. Having the discipline, commitment towards trading is what will gives one the successful result we want when trading if not when one isn’t ready to put in the hard work and commitment towards trading then even the consistency is nothing but waste of time and resources.

However trading consistency and gambling consistency is absolutely different, gambling isn’t something we need much knowledge to keep getting better, gambling is mostly about luck so we can't compare both together in time of consistency. Being consistent in gambling often lead to loss but with trading it improves your game.

[Dr.Bitcoin_Strange]

, or it works only in trading to be a consistent trade brings more results?

Being consistent alone does not bring a good result in trading but applying a strategy that works well, staying discipline, being patient and managing our risk properly can make a trader to be successful but if you as a trader do not trade according to those guidelines, you won't be profitable but rather, your consistency would only be in losing your money. But if you are consistent in following the right steps, that's when it can profit you.

[uchegod-21]

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?

It takes a lot and more than just consistency before one can consider quitting trading. I once tried trading during my early days, but now I have quit. The issue was that the constant losses I experienced had an effect on my emotions. I was usually overwhelmed with the emotions and tension that come with trading, so I advised myself to take a break, as the whole emotional torture wasn’t good for my health.

The sole purpose of trading isn’t consistency, but to make profits. However, consistency is still very important for a trader to constantly improve their skills and trade patiently without greed. But if trading is draining your energy, it is not out of place to take a break for the sake of your sanity.

[Stalker22]

~
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,

Who says that consistency in a losing strategy is a good thing?  That is some of the worst advice I have ever heard.  If you are consistently hitting your thumb with a hammer, "being consistent" just means you are going to end up with a broken thumb.  If you have been "consistent" for a long time and you arent seeing results, its because your strategy is garbage. Sticking to it wont fix it

In both trading and gambling, consistency only works if you actually have a proven edge.

[Bitcoin.com97]

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?

Being consistent is not for gambling and at the same time  it’s applicable to trading , trading for a long time without good results can actually deal with one emotions and mental health, the best is , if it’s not going well , it’s best you take a break and re strategies before you break down , I know of a guy that was into trading, which dealt with him to a point he became a shadow of himself, no peace of mind , even in gambling , most people keep gambling when after being on a losing streak, but the word consistency kept ringing in their head , of which the winning is not even guaranteed , so he may continue losing, in such situations it’s best they take a break and restructure their self again .

[Hatchy]

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 just something that would help you remain in the market regardless of the outcome. Consistency without effort would be a complete waste of time. Also if you are consistent with the market but don't have a good strategy, an edge, of what use is it? Before you become consistent you have to find your edge, a good strategy that you so much have to develop yourself, psychology on. Its going to be a whole long journey so you must be willing to apply effort as well. It's almost same thing in gambling but like I'll always say, there's no such thing as a gambling strategy. But you can be consistent in your games, all you just have to avoid is becoming addicted. Because even trading can be addictive but a positive addiction would be better and that's when you are winning not losing..

[BitMaxz]

Consistency is just something that would help you remain in the market regardless of the outcome. Consistency without effort would be a complete waste of time. Also if you are consistent with the market but don't have a good strategy, an edge, of what use is it? Before you become consistent you have to find your edge, a good strategy that you so much have to develop yourself, psychology on. Its going to be a whole long journey so you must be willing to apply effort as well. It's almost same thing in gambling but like I'll always say, there's no such thing as a gambling strategy. But you can be consistent in your games, all you just have to avoid is becoming addicted. Because even trading can be addictive but a positive addiction would be better and that's when you are winning not losing..

I don't think consistency would help you remain in the market. If you say "consistent," it means you need a steady or like forcing yourself to regularly trade daily.
It is likely gambling if you are consistently trading daily, or it depends on what strategy you currently use. If you are a scalper, then you need to be consistently trading, but if you are a swing trader mid- and long-term, then you don't need to consistently analyze the market.

I use "consistent" to analyze the market as my regular habit and consistently learn about the current market. Don't be consistent in trading to get an instant result; it is likely a gamble. I suggest, if it's involved with real funds, always make sure to keep your risk low, and if you analyze the market or it is currently in consolidation, you better avoid them.

So apply consistency only in analysis, not trades. You must have your own rules and conditions about your strategy. If you include the consistency in your strategy, then you might be a scalper, but scalpers that I know have a very strict rules, and they don't consistently trades with no basis.

[IjawMan]

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?

Truth be told, consistency is key to getting the best results in what ever we doing. But how you are been consistent and the way and method do really matters in producing the expected results.

You do not expect to get a good result by being consistent in the wrong strategy, method and mindset.

When you are consistent and not making progress, there is need for self examination to identify the problem, what could be the cause, then you can restart again and see what comes up.

[GiftedMAN]

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?

You can be consistent in doing the wrong thing you can't get the right result in that case but in a situation where you understand what you are doing which is trading and you have the knowledge and apply the right principles without being emotional you can be successful if you are consistent in trading, but if you try the right steps and you continue losing money in your trade you don't need to continue all you have to do if you so much love trading is to go for an upgrade may be there is something you are not getting right which you need to learn then apply it before you trade again.

[Ziskinberg]

I would understand that consistency in trading will lead you to develop your best version as a trader. Do not mind if you are also losing as long as its manageable, because that's also part of learning trading.

But I don't see consistency works with gambling. If you gamble and lose consistently, for me that's already unhealthy, even if you claim that you are just gambling for fun. When everything is all about losses already, I don't think anyone can still be entertained and have fun with how things are going.

Consistency matters more with trading. The longer your trading experiences are, the more skillful and strategic you will become in trading.

[tvplus006]

...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?..

It is possible that you, along with a successful trading strategy, ignore risk management and your losses in this case exceed your profit. If you stick to risk management, but still lose your money, then it is obvious that you need to change your trading strategy.