Feb 16 2021 at 07:10
keatonrichard posted:dennisstanley posted:keatonrichard posted:AliaDare posted:
When you want to build your future by trading Forex, you first need to know how to set your goals and objectives. If you can set these two correctly, it is possible to make a lot of money in trading.
For every trader goals should be very much clear and can be accomplished when they have made up their mind for trading.
Yes and one should try to fulfill their goals in the decided time or else there will be no point of making them
Trading is nothing without goals and strategies. You have to be very much updated with all your strategies for all the upcoming price fluctuations. Invest enough of your time in building these so that you can get good profits. I trade through Turnkeyforex and IG, analyze the trading market through them and then work on my strategies. And I make a reasonably good amount of money from this.
I have also never done trading without setting a goal. I will never feel confident enough if I ever did this way.
It seems to me that there is no point in starting trading at all, if you are not facing a certain goal, you just waste time, lose money.
Meloisel posted:
It seems to me that there is no point in starting trading at all, if you are not facing a certain goal, you just waste time, lose money.
Yes. Without setting a goal, it is quite difficult to make money from this market.
Without a definite and clear goal, which you prescribe and for which you will work, you will not get the result.
Apr 29 2021 at 13:10
Ariest posted:
Without a definite and clear goal, which you prescribe and for which you will work, you will not get the result.
Yes, if I want to be a professional trader, I have to trade with a goal. I have to plan and trade with the goal in mind.
There were really a lot of those who want to become successful in this area and take them into account sets specific goals and an action plan is prescribed
When we set a specific goal for ourselves, we understand what we are striving for and what needs to be done for this.
It sets a definite goal for itself, and we prescribe this for you, with which we will move towards it.
I set opposite targets e.g. if I lose Xpips I will stop. I will take Y trades Max per day. I do not limit my wins though
May 14 2021 at 08:53
What are some of the goals that are very for new traders?
May 16 2021 at 12:23
Ariest posted:
Without a definite and clear goal, which you prescribe and for which you will work, you will not get the result.
Yes. You are absolutely right.
Different brokers provide different leverage, and you just need to choose for yourself what will be more profitable for you.
May 21 2021 at 19:01
Kazile posted:
Different brokers provide different leverage, and you just need to choose for yourself what will be more profitable for you.
But i think every new trader should start with 1:50.
It is necessary with you not only to set a goal, but to be specific and clear, and to write down a plan according to which you will reach it.
Stonesong posted:
It is necessary with you not only to set a goal, but to be specific and clear, and to write down a plan according to which you will reach it.
Without setting up a goal, it will be quite difficult to survive in this risky market.
Obviously it is very important to set a definite goal and make your trading plan according to it and also stick to your trading plan. Do not change your trading strategy frequently.
Jul 07 2021 at 12:15
Not knowing where we are headed is the first step towards failure in trading. Having targeted returns and goals for every trade, gives a clear picture for our journey.
Every day I set myself a goal in FX, to earn 30 pips and there are days when I earn and days when I lose 30 pips, this is my strategy:)
Dictiony posted:
Every day I set myself a goal in FX, to earn 30 pips and there are days when I earn and days when I lose 30 pips, this is my strategy:)
Ouch losing can be such a difficult thing, but glad you kept the positivity throughout your trading journey
Nov 11 2021 at 07:31
Sarjohn posted:
Obviously it is very important to set a definite goal and make your trading plan according to it and also stick to your trading plan. Do not change your trading strategy frequently.
I agree with you.
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