Sitting here Monday morning thinking about how I became more consistent in my trading. What I would do in the past, is to back test many strategies in discard them when they failed. When it failed, I went on to a new system. What I should have done was analyze the system because I discarded many good systems. So now, I have a pretty simple RSI strategy that gives me 20 to 30 singles per month. These signals are enough to give me a 6% overall quarterly interest rate. Actually I'm doing much better than that but the goal is 6% for quarter. So, using a simple repeatable system like the RSI enabled me to learn and trust my strategy. But, slowing down and not take so many trades really help with my consistency. Gives me more time to mushroom hunt with my wife.
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