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RoboForex - www.roboforex.com
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[QUOTE="Vlad RF, post: 170203, member: 61796"] [B][SIZE=5]How To Set Goals In Trading[/SIZE][/B] [I]Author: Dmitriy Gurkovskiy[/I] [CENTER][IMG]https://www.roboforex.com/uploads/img/news/main/roboforex-header.jpg[/IMG] [B]Dear Traders,[/B][/CENTER] At the basis of the success on Forex or any stock market lie precise calculations and professional discipline. Accurate setting and writing down your goals help you focus on trading, optimize your course of actions and avoid psychological overloading thanks to planning possible losses, not suffering them as a force majeure. Psychologists recommend formulating your goals as precisely and carefully as possible, projecting them on your subconscious and controlling your progress towards them. Systematic investors and traders have managed to secure themselves at the top of the market not just because they own some super system or insider information; the reason is, their goals are based on their long-time experience, their knowledge, technology, psychological stability and skillfull risk and money management. Trading without a clear idea of what, when and how we are planning to reach washes the main part of "plankton" off the market very quickly. The more detailed and realistic your goals are, the lower the risk of losing your deposit. [SIZE=5]The problem of setting goals[/SIZE] The main issue about setting goals and tasks in trading is the fact that on the financial market money is both the instrument and the result of work. If you ask an average trader about their goals in trading, they will stare at you in astonishment as the answer seems obvious: millions (billions), yachts, villas (castles), supercars and other accessories of successful people. However, virtually any person can tell you the same; it is hard to imagine that anyone could crave for "little" money, a tiny cabin by the roadside, an old bike and even older clothes. Why do most (those trivial 90% of) traders prefer positive thinking to the realistic manner of setting goals? [URL=https://blog.roboforex.com/blog/2019/09/14/how-to-set-goals-in-trading/?utm_source=earnforex.com&utm_medium=cpc&utm_campaign=external_forums&utm_content=blog_en]Read more at R Blog[/URL] [B]Sincerely, RoboForex team[/B] [/QUOTE]
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