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[USER=17857]@qldfrog[/USER] that a good point. Traders do get muddled using terminology & how it applies to a trading system versus a trading plan & trading strategy.


I tend to focus on being consistent

We are both widely travelled & know that McDonalds is a profitable company because of consistency of their menu (worldwide). Consistency & profits fit hand in glove. I aim to be a profitable trader & I achieve this (IMHO) by being a consistent trader. I'm fully accept that my trading results are going to be patchy at best.


Plain speaking

The video below explains in minutes what it takes me over multiple posts about the important step towards becoming a consistently profitable trader. If you don't know how to break down your system properly, it makes the task of becoming consistent with your trading even more difficult. This video features diagrams and a practical task to help you build your trading system. A very important lesson for all traders.


[MEDIA=youtube]ULDSZA-nq0U[/MEDIA]


Skate.


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