Camp 2- Middling around, controlling risk, and then catching largely profitable trades<\/li>\n<\/ul>\nMost traders fall into Camp 1 of daily and systematically churning out profits.\u00a0 They keep their risk low.\u00a0 Their gains are more than their losses.\u00a0 They are positive on way more days than negative.\u00a0 They know what they want to trade and specifically what it looks like and how to find it.\u00a0 Their work is to slowly increase size in all of their trades so their PnL increases.<\/p>\n
But some traders fall into Camp 2 and that is okay as well.\u00a0 I write this post because my sense is too many new and developing traders think they need to fall into Camp 1 or Camp 2, without recognizing both are fine.\u00a0 New and developing traders buy into the notion that they have to be heavy hitters and catch large profitable trades.\u00a0 Or they buy into the notion that they have to be conservative and slowly and steadily churn out profits.<\/p>\n
Camp 1 works for some successful traders.\u00a0 Camp 2 works for some successful traders.<\/p>\n
I had a nice chat with one developing trader in my office today and asked which camp they thought they were in.\u00a0 The trader thought they were more in Camp 2.\u00a0 And so I suggested we really highlight and study the trades this trader can make more in.\u00a0 And I suggested a technique for this trader’s Team to employ to warm up for potential huge trades.<\/p>\n
Consistency is your first goal when starting as a trader.\u00a0 But there are different paths to trading consistency.<\/p>\n
*no relevant positions<\/p>\n
<\/p>\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
I have observed two different paths to improved trading consistency for active traders. Camp 1- Positive on most trading sessions, with minimal drawdowns relative to profitability Camp 2- Middling around, controlling risk, and then catching largely profitable trades Most traders fall into Camp 1 of daily and systematically churning out profits.\u00a0 They keep their risk low.\u00a0 Their gains are more … Read More<\/a><\/p>\n","protected":false},"author":144,"featured_media":47348,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5463],"tags":[30,50,1354,1349],"class_list":["post-47347","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bella-daily-update","tag-prop-trading","tag-proprietary-trading","tag-trading-coach","tag-trading-mentor"],"yoast_head":"\nTwo different paths to improved trading consistency | SMB Training<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.smbtraining.com\/blog\/two-different-paths-to-improved-trading-consistency\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Two different paths to improved trading consistency | SMB Training\" \/>\n<meta property=\"og:description\" content=\"I have observed two different paths to improved trading consistency for active traders. Camp 1- Positive on most trading sessions, with minimal drawdowns relative to profitability Camp 2- Middling around, controlling risk, and then catching largely profitable trades Most traders fall into Camp 1 of daily and systematically churning out profits.\u00a0 They keep their risk low.\u00a0 Their gains are more ... 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