The Key to Consistency?

Sometimes, I like to compare forex and golf in terms of the gamesmanship to win.
What is common? Both games are statistical in nature.

I remember the days I went daily to the golf range. What was I after? Consistency in accuracy!
How to achieve it? Discard old habits, learn new techniques and refined it through practice and more practice. No short cut!

In trading, we want the consistency of more wins than losses. I have find that even if you have a winning strategy, its implementation is often obscured by emotions of greed and fear during execution. In other words, the enemy is actually within us - our trading psychology.

One way to remove this element via automated trading, though it is a general believe trading robots can't replace the human mind. But the real personal challenge is to eliminate it by developing a new mindset. Treat losses as part of the statistical game, eliminate the fear that often throw our judgment off balance.

In this regard, the key to consistency is in our trading psychology! So the process is no different from improving your golf game. Develop new mindset and lots of practice to achieve the winning consistency.