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What are your trading goals? and is there a need for one?
May 25, 2023 at 20:45
694 Views
10 Replies
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!😎
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
Member Since May 03, 2017
17 posts
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
Member Since Jun 19, 2023
10 posts
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.
Member Since Jun 28, 2023
15 posts
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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