Hey hey, what's up my friend!

So...

I remembered my first trading system.

It was using Bollinger Bands—buy when the price is at the lower band and sell when it’s at the upper band.

Simple, right? Even simpler than assembling IKEA furniture without crying.

With this approach, I had 3 winning trades in a row.

I thought to myself…

“This is it!”

“This is wife life-changing money.”

“I can’t tell anyone, lest they copy what I’m doing and ruin my edge.”

I was guarding this "secret" like it was the recipe to my grandmother's chicken rice.

How naive.

Because the next 5 trades were losers!

So I concluded this trading strategy doesn’t work and look for something “better”.

(This is like blaming the gym equipment when you can't see your abs after one workout.)

Then, I chanced upon harmonic patterns.

(A trading method where you use tools like Fibonacci retracements and extensions to draw patterns like Crab, Bat, Butterfly, Dinosaur, etc.)

I spent 6 months learning how to draw these patterns.

As you can tell, I’m a slow learner.

And guess what?

The same thing happened!

I had a few winning trades followed by a series of losses that hit harder than my wife's reaction when I told her I bought another trading course.

Again, the voice in my head said…

“This trading strategy doesn’t work. Let’s look for something else.”

So I went around searching for the holy grail.

I’ve tried:

• Different indicators
• Chart patterns
• Candlestick patterns (I knew more Japanese candlestick names than actual Japanese words, Harami, anyone?)

And the results were always the same. Win a few, lose more, blame the strategy, rinse and repeat.

At this point, I’m starting to doubt myself.

I have questions like…

“Why does this always happen?”

“Why am I not getting consistent results like the guy on YouTube?”

“Why do I make money at the start only to lose it all again?”

Now, do you know what I realised?

The problem lies with me.

I was hopping from one trading strategy to the next like a monkey swinging through trees.

My actions were inconsistent. And if your actions are inconsistent, guess what your results will be?

Inconsistent!

So the bottom line is this…

If you want to be a consistent trader, then you must have a set of consistent actions.

Find a proven trading system that works, and stick to the rules.

No exceptions.

No, "but the market looks different today."

No, "I have a feeling about this one."

If you can, consistent profitability is not far away.

And if you want to learn trading systems that work, then check this out.

Cheers,

Rayner "the-consistent-trader" Teo