Plan your goals and Stick to the plan!

Credcy

Newbie
Jun 4, 2021
24
3
4
27
It’s important to set realistic goals and I think beginners should focus on self-improvement based goals and should aim to simply make more than their losing as a first goal. It isn’t a good idea to enter the market telling yourself that you’re going to make x amount of profit in so many days, because you might be setting an unreachable goal and you’ll feel like you’ve failed when you don’t reach it. Instead, focus on small victories and your profits will increase as you work on fixing your problems and expanding your knowledge and experience as a trader.
Highly agreed!
 

sharabela

Active Trader
Oct 19, 2016
85
6
44
42
Having a solid plan with trading career is very necessary. We must not set an unrealistic plan or be too ambitious with Forex trading. We rather go slowly but steadily. Forex trading does need time for the traders to be successful.
 

Jungletrader

Banned
Sep 5, 2019
78
7
19
43
You gotta have a realistic plan .
Journal your trades stick to your strategy and when you've made your weekly/monthly targets get out avoid overtrading
 

rickfx

Trader
Nov 9, 2020
8
0
7
41
I would recommend not to rely on forex robots, wonder methods, and other snake oil products.
Thank you.
I could never understand how some people were falling for those scams.
Look... imaging I find a trading strategy which will consistently make my 2% a day... Do you think I'd be selling it to everybody for $49.99?
 

no_frame

Trader
Aug 21, 2021
42
1
9
30
Before trading on forex, the first step is quite important, which is to set a realistic goals that you think can be achieved in trading. Don't just jump into market trading to make some profit, without knowing what is your plan as well as your back-up plan for your trading.
 

tomass

Banned
Nov 18, 2021
15
0
1
25
Before setting your goals, you have to determine what is achievable and what is not. This can be done only if you have learnt well and have a basic knowledge of the financial market. Once through your education part, set your goals and plan your moves accordingly. But make sure that you don’t rush anything.