The #1 Critical Skill for Consistent Trading Profits

Today we're going to talk about one of the most important skills that a trader needs. And you almost never hear, matter of fact, I don't remember ever hearing anybody talk about this one particular skill yet. This is probably the most important one out of all of them. And what I'm talking about is, you know, how traders, everybody, and it's like the whole reason for trading psychology to be an issue is, you know, being able to execute consistently and properly with your system. I mean, that's like the big challenge for everybody, right? You know, just plain doing what you're supposed to do when you're supposed to do it, and, and not doing the things that you're not supposed to do. And so, yes, consistent execution is like the huge deal. If you have a decent strategy, you just want to be able to execute it consistently. What most people don't realize is it's not just a matter of psychology. Consistent execution is a skill, and it's something that there is a particular way to develop it, and it is a skill that you need to develop. It's not just something that happens, you know, just because, you know, you're focusing on being more disciplined. That's not how it works. You know, that's just like, you know, today I'm going to lose weight. No, there are certain ways to get there. There are certain things that you have to do, and that's just one piece of the puzzle by itself. But it's probably the most, most. It's probably the most important one. I mean, if you think about it, because like you've heard me say consistency is the most important thing. You can have a great strategy, but if you can't be consistent with it, it doesn't matter. That's why you have to focus on consistency first. If you have the consistency down, profit gets easy. But if you don't have the consistency, that's just going to be rough and so well. And then also the flip side of it, one of my favorite quotes, of course, is an average strategy executed consistently will make more money and outperform a great strategy executed inconsistently? Yes, Consistency is what matters most. The strategy is very secondary now as far as consistent execution. Is psychology part of it? Yes and no. Is it all, like, dependent on your psychology? Like whatever subconscious issues you might have, once you resolve them, you automatically become a consistent trader and you'll execute consistently on your system? No, it doesn't work that way. Again, this is a skill that you need to develop. So just because you've eliminated whatever issues you might have that doesn't automatically turn you into a consistent trader. The skill of consistent execution is something that you need to learn and you need to develop it. And that's why it's part of what I teach. Because again, this is so critical. No matter what your strategy is, you have to be able to execute it consistently. And this is something that, again, there's a certain. There's a certain process to get there. Do you need to have a good strategy? Yes, you need to have a good strategy. Does it have to be the best strategy on the planet? No. Does it need to have 100% win rate? No. No. But it needs to be a profitable system that you like, that you're comfortable with, and that works in developing the skill of execution. Now, you also can develop the confidence in yourself, you know, executing it. And that's how you get the two things. You have a decent strategy, you know how to, you know, work the strategy correctly. That's a separate skill set we'll talk about in another video. You know how to, how to work with your strategy to have it producing consistent output. But then you're the part of the process as well and, you know, being the one executing that strategy. And again, the skill of execution is one of the key strategies that you need to make trading work. You can have the best strategy on the planet, but if you're still lacking the skill, still going to be emotional, still going to suffer, you know, with all the psychological challenges and all that kind of stuff. But when you develop the skill, that's when you can settle down. And you're trading from a place of confidence and poise and just playing, you know, competence. Because now, and make no mistake, just because you know how to do something doesn't make. Doesn't make you good at it. I know how to swing a golf club. Doesn't make me a great golfer. If I want to be a great golfer, I have to develop the skills. Again, just because I know how to do something doesn't mean I'm good at it. And the skill of execution goes the same way. Now, if you'd like to find out more about this, if you'd like to talk about it, and you know, if your trading could use, you know, more. More consistency in your execution and consistency in your profits. That's what I fix. I fix inconsistent trading results. So swing by Inside out trading dot com. Book a call with me and let's talk about what's going on with you. I guarantee you, if you've been trading for more than six months and you're still struggling. You know, maybe you're not making money or your profits are real hit and miss, then it's a skill set that you're missing. It's not because you don't understand the game. It doesn't take that long to understand how trading works. Understanding what skills are required and developing those skills, that's what takes a little bit of time, but not that much seriously. Matter of months, sometimes even a matter of weeks and you can get skilled up to where trading becomes easy and trading comfortably, calmly and very competently, profitably, consistently. It gets easy when you're skilled up. I mean think about it, any job you've ever had, when you're good at it, do you have psychological issues? Do you have discipline issues? No. If you're good at something, you're good at something and it's easy, right? Trading's the same way. You get all the skills, it gets easy. Making money gets easy. So swing by inside out trading calm. I've got some free resources there if you'd like to check them out. Can help you with a variety of different challenges traders have. If you want to book a call with me, do I hop on a, you know, a zoom call, phone call with you, talk about what's going on with your trading, what's holding you back and the best path to get you, you know, get you beyond whatever's holding you back right now. So I hope this been helpful if it has, you know, give me a like down below, subscribe to my channel. I, I publish videos every week and you know, share this with your friends. If you have friends who trade and you know, they like you, you send them something like this and it helps them out, they're going to like even more. Cool. So share this with your friends and you know, again, I hope this has been helpful. Talk to you soon. Cheers. So do you sometimes struggle with inconsistent results from your trading? You know, a little too much variability in what you're getting as far as, you know, winners and losers. If you like some help with your consistency, that's my area of expertise. I used to be a quality assurance manager and quality is all about getting consistent results, predictable, reliable results. So if you'd like my help with your trading, swing by Insideout Trading.com Schedule A call with me, we'll get on, we'll talk about your situation, see if I can help you improve the consistency of your trading results. Talk to you soon.