How Long Does It Take to Achieve Consistent Profitability?

I have made a lot of money and lost a lot of money,How can we achieve stable profits?The sad thing is that a lot depends on your luck. I know a lucky friend who entered an institution as soon as he debuted, received formal training, had trading masters to guide him, and even had funds to allow him to make mistakes, so he grew up very quickly and could start managing small accounts within a year.

Snipers are fed by bullets, but most people, like me, are not that lucky.I was completely on my own and learned various trading techniques by reading books. In the early days of learning, I couldn't tell the difference between good and bad, and I had very little funds to use. Once I was liquidated, I had to go back to work to save money. The age when young people start a family and start a business is the time to spend money. If you go back and forth, your growth cycle will be very long. If you devote yourself to learning and training, I think you can achieve success in about three years. And I was exploring while working. It took me six years to stabilize, so this is not an industry that can be achieved quickly.

Regarding stable profits, we must first clarify a question, that is, when making money, do we make big profits or make continuous profits? Is losing money a big loss or a losing streak? If you make a lot of money and lose a lot, it means your position is too heavy. If you make a lot of money sometimes and lose a lot sometimes, it means your method is not stable enough, or there is a problem with your execution. Then you need to look at the orders that have been losing money to see if it is caused by the method or your execution. If the instability is caused by big profits and consecutive losses, then it is very likely that you are using a system such as trend following, and the winning rate is relatively low. At this time, you need to focus on studying profitable orders, find their commonalities, and then formulate your filtering conditions. From now on, you will only make orders that meet the conditions.

The last one is to make big losses in a row, which means there is suspicion of heavy positions or holding orders. One big loss will cause multiple profits to be wiped out, so it is necessary to find the reason from the basic principles of trading.