What are your trading goals? and is there a need for one?
May 25, 2023 at 20:45
631 Paparan
10 Replies
Ahli sejak Mar 13, 2022
6 hantaran
May 25, 2023 at 20:45
So lately I have been asked this same questions by newbies in my community and my reply gave them a much needed shock. Trading is a risky business, anybody who says otherwise is straight up lying to you, if you have done all the needed to begin your trading journey and you do NOT have a plan/endgame for your account after making your first deposit then you're straight up offering your money to your broker on a silver plater. have realistic goals and also be mentally equipped as well as educated enough to see your goals smashed at the end!😎
Ahli sejak Jun 01, 2017
13 hantaran
May 29, 2023 at 10:39
I agree that most people have unrealistic expectations but this different to setting goals in general. I think that setting detailed goals is not that helpful for most people. The obvious goal is to make money and we should focus on that rather than an arbitrary goal that may or may not be met
Ahli sejak Mar 13, 2022
6 hantaran
May 29, 2023 at 14:22
How you set the goals is up to you as most other things relating to trading
Ahli sejak Mar 13, 2022
6 hantaran
May 30, 2023 at 18:53
While i cosider this true, i don't think it applies to everyone's trading style
Ahli sejak Apr 26, 2023
33 hantaran
May 30, 2023 at 23:17
I have a level by level plan. First i want to buy a mustang for myself and after that buy a house and then upgrade them and start a local business.
Ahli sejak Mar 13, 2022
6 hantaran
May 31, 2023 at 11:45
Mmmm, finally somebody with class😉
Ahli sejak Apr 26, 2023
33 hantaran
Jun 03, 2023 at 02:33
I think everybody have to has plan for themselves and if they don't have they should to know they are damned.
Ahli sejak May 03, 2017
18 hantaran
Jun 05, 2023 at 12:49
My goals are just to be consistently profitable. I'm not expecting to make millions of USD each month but if I can make consistent gains then I can grow my account
Ahli sejak Mar 13, 2022
6 hantaran
Jun 05, 2023 at 13:11
TerraTopNova i completely agree with you. not only is your trading goal realistic, but should be the primary aim of every trader before anything else, consistent growth and compounding will do the rest. do the work put in the hours
Ahli sejak Jun 19, 2023
11 hantaran
Jun 21, 2023 at 12:53
My aim is to achieve consistent profitability, manage risks effectively, and develop a trading strategy that suits my style and goals.
Ahli sejak Jun 28, 2023
17 hantaran
Jun 28, 2023 at 11:59
Trading is indeed a risky business. It's crucial to have a well-thought-out plan and an endgame for your trading account. Without realistic goals and mental preparedness, you're essentially giving your money to your broker on a silver platter. Stay educated, be mentally equipped, and brace yourself for the possibility of your goals being challenged. 😎
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