More often than not i get asked the question What are your top tips on being consistent?
The answer is simple have a winning attitude! In other words have a positive expectation of your efforts with an acceptance that whatever results you get are a perfect reflection of your level of development and what you need to learn to do better. You are not responsible for what the market does or doesn't do, but you are responsible for everything else that results from your trading activities. You are responsible for what you have learned, as well as for everything you haven't learned yet thats waiting to be discovered by you. The most efficient path to discovering what you need to be successful is to develop a winning attitude, because its an inherently creative perspective. Not only does a winning attitude open you up to what you need to learn, it also produces the kind of mindset that is most conducive to discovering something no one else has experienced. Developing a winning attitude is the key to your success the problem for many traders is that either they think they already have one, when they don't, or they expect the market the market to develop the attitude for them by giving them winning trades. Your are responsible for developing your own winning attitude. No amount of market analysis will compensate for developing a winning attitude if you lack one. Understanding the markets will give you the edge you need to create some winning trades, but your edge wont make you a consistent winner if you dont have a winning attitude. If you want to change your experience of the markets from fearful to confident, if you want to change your results from an erratic equity curve to a steadily rising one, the first step is to embrace the responsibility and stop expecting the market to give you anything or do anything for you. If you resolve from this point forward to do it all yourself, the market can no longer be your opponent. Taking responsibility is the cornerstone of a winning attitude. (Mark Douglas)