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Trading Goals, Do You Have Them?

Do you know what you are looking to achieve in trading? Have you ever made goals to achieve? Do you know why you want to achieve that goal? Do you know what it takes to have a chance to achieve your goals? If you don’t have goals and a plan on how to achieve what you want then you are like a boat without a rudder in the sea, you will just drift where the wind and waves take you. You have no control! Setting goals is an important part of achieving what you want in life. Of course you can achieve things without setting goals and making plans that most people do, but by setting goals and having a plan to work on, you become more focused and confident in many things to accelerate your progress.

We can divide goals into different categories such as personal health and fitness, spirituality, family and relationships, work, education, money and finances to name a few. For each group we decide to create goals, you must create small groups. So for economic purposes one of the sub-categories would be commercial purposes. Now as a general statement, everyone who decides they want to be an entrepreneur wants to make money. This is a self-made phrase, but without purpose as I have never met anyone who decided to become an entrepreneur only to lose money. So what are the goals and the right strategy to achieve them?

All needs in life come from dreams, desires and needs. From these dreams, desires and needs goals are created. The process begins with making a list of dreams and not allowing your mind to limit the dreams. Don’t let your current situation or current situation limit your vision of your dreams. Make a list of your dreams, because there are no restrictions. After making your dream list, the next step you should take is to review your dream list and review each one to see if it is a real dream, desire or need in the circumstances you have in your life. If the dream was to live in a two million dollar house on the beach near the coast of Florida and your current job earns you $25000.00 a year and you have little savings, that dream would not be a real dream in the current circumstances of your life. .

Now if you want to make a big change in your career that will pay you more money or if you find a way to make money from your savings becoming a smart trader or entrepreneur you will have the opportunity to achieve your dream. and goals. The important thing is to make sure that your dreams and goals are realistic and believable to you. Some of the goals you make are easy to achieve while some of the more important goals should be challenging, you have to push yourself outside of your comfort zone.

So you’ve decided that you want to become a day trader to earn extra cash, which can be used to buy your dream home. One of your goals is to own a house on the ocean. When you create goals you should write them down on paper or preferably on your computer so that you can easily change them. When writing your objective you need to be as specific as possible. Don’t just write that I want a house in Florida on the beach. Be creative with your dreams and goals, let your imagination run wild. What kind of house do you dream of? Ranch style or two story home? 4000 square feet or 10000 square feet? What are its colors? How many bedrooms and bathrooms does it have? Can you see the shape? Does it have a pool in the backyard? If so, is it a kidney shape or a rectangle shape? If so write it down. More is better.

There will be times when you make one goal and you will find that you need to set another goal that will be needed to achieve the big goal you made. Think of goal setting as a recipe for a delicious meal, or baking a cake. If you leave something out of a recipe you are gambling on the recipe’s results.

If you plan to become a profitable day trader, what obstacles might stand in your way? What does it take to help you achieve your goal of becoming a modern entrepreneur?

Examples of other barriers may include:

1. Having enough money to pay your trading account.

2. Having the right education to be a profitable trader.

3. Does your spouse support your decision to become a day trader?

4. Does your current job or the duration of your job cause problems to work

to achieve your goal?

5. Is there a local or online support group?

6. Finding the right broker for my needs.

The above are just a few examples of the hurdles you must jump through to achieve your goal as a day trader. In order to overcome the obstacles you may have, you must try to find solutions. If one of your obstacles is your lack of access to a large amount of liquid funds to help pay your trading account. You will need to think hard and think of ways to do this, maybe you have old coins or other collectibles that you can sell to get the money you need. If there’s a will there’s a way!

Each person will have their own obstacles to overcome. Make sure that it is always an investment that you can afford to lose and will not change your current lifestyle.

Don’t put impossible deadlines on your goals and dreams. Some of your goals may be actionable without a deadline, some simple goals have a deadline. Looking at the above constraints you can see that some of the above can be met within days or weeks at most. Proper training can take months or more. Even so, you can aim for continued success as an entrepreneur in the years to come. The goal of owning a home on the beach may take several years to achieve, which can be explained, with the goal of becoming a successful day seller.

When breaking down what it takes to become a good day trader comes the need to write down small goals. Creating daily activities that help you achieve your goals is important. Create a daily plan of attack and work on the task you plan for each day. Be consistent and look back each day to make sure you’ve made progress. Always make small, achievable goals each day that will give you the energy and motivation to achieve the big goal. The other major areas that you need to work on are the emotional areas. If you need to change to be more patient, make a goal in your personal statement to show more patience in trading. If you need a change to improve your mental health, do some exercise that is patient. The key is to know more about what it takes to achieve your goal.

It’s not as simple as just saying I want to be a successful entrepreneur. First you find the recipe and gather all the ingredients and combine them together. The key to achieving your goals is to take your time and be careful to do everything necessary to get there. Working on the little things every day is just focusing and focusing on the daily tasks and seeing the daily progress.

A quick overview of goal setting

1. Make a wish list

2. Review the list to see if the dream is realistic, feasible and believable.

3. Write the details of your dream into positive words as it has already come true.

4. Make a list of all the obstacles you need to overcome in order to achieve your goals.

5. Make a list of achievable goals that can be achieved within a week.

6. Create a daily plan of attack and the work you plan to do.

7. Make a daily to-do list to work on every day.

8. Review daily, weekly and monthly to see your progress.

9. Always change your goals to higher ones when you reach your goal.

10. Set goals that never end.

11. If you run into a cage, problem or setback always look at the other side of the experiment.

12. Don’t give up! If there’s a will, there’s always a way

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