Quote Originally Posted by ;
no? With all due respect, how can it not be? If a system has no element of consistency then why the hell should it be substituted? The fact is there needs to be some type of consistency. Like you stated the turtles' system was profitable 3 of 12 months - that is an instance of consistency. A system that doesn't have some measurable profitable consistency is definitely not a tradeable system. It is a random pattern generator.
I'm putting consistency in the context of people's preferences and preferences. I was indicating that profitability is around the% profits of your trading account and less about consequences. Of course most people need consistent wins to be able live off. For many this consistency needs to be on a normal basis, from daily to weekly. For others that are lucky enough to have larger accounts are able to rely on consistency on this smaller time scale.

People who rely on consistent wins on a smaller time scale are more vulnerable to plogical mistake than those that rely on immediate wins/consistency. The larger scale'profiters' are far more inclined to have the ability to exchange their system systematically knowing that eventually their wins will be higher than their losses which makes them profitable complete in the longer term.

The smaller time frame'profiters' (those who require that they make x amount of cash every day per week), are more inclined to concentrate on enhancing their daily/weekly win/loss ratio and their strain to keep wins will be higher. As a result they are less inclined to follow their trading principles for their own system to receive them back into profit and are more inclined to keep adapting their method and jump onto another method in the hope of higher consistency.

Systematically after your trading principles will set you in profit complete when you give it time to ride out the draw downs it might produce -that will be different from month to month to year, based on the flow of those markets. On the lookout for short-term consistency will ruin your trading mindset that will ruin your functionality in regards to after your system that can result in draining your account.

Of course, those traders that are making consistent wins on a regular basis already understand the mindset required to trade profitably and adhere with their trading principles regardless of the losses it may also produce. So fundamentally, its not about the consequences of this machine its about the consistency of this trader to follow a set of principles. If the trader is foolish enough to follow an unprofitable trading platform to start with then that is another problem altogether. However, to imply that systems are unprofitable is absurd.