With good psychological behaviors can one remain consistent with random signals?
With good psychological behaviors can one remain consistent with random signals?
With the right psychological mind set can a trader make it with just random signals rather than spending too much time understanding all about technical and fundamental analysis?
I’ve been wondering how some traders suddenly become consistently profitable in a very short length of time compered to others. Some 2 years, some even in the first year with simple basic technical strategic Ideas while some spend 5-6 years or even more before becoming consistently profitable. And some are even making it with just copy trading systems.
Does it mean one could become consistent in the market learning just a few trading tips with well structured psychological behaviors?
What brings about consistency?
The first behavior to apply is to stop going to signal providers.
The people who run such groups will take money for no reason as “membership fee” with or without recurring fee and then dump their shitcoins on you so they can create a fake demand and sell their coins. These two are the methods commonly used by such scammers to get money.
They are rampant because nobody wants to learn trading the hard way or actually do dummy trading to get an idea of how the market works.