Setting Your Trade Goals

  • Keep your goals reasonable. We all know you can’t make a $1,000 every day on a $2,000 account.
  • Make sure you have a trading plan that will help you reach your goal.
  • Track your progress. Journals are a must.
  • Account for mistakes and bad days. Not every trader will have a good day, every day.
  • Make adjustments to your plan, not your goals. Goals are carved in stone and plans are written in sand.
  • Have daily, weekly, monthly, quarterly and yearly goals.
  • Steadily increase your goals every year.
  • Have accuracy goals, trading goals, profit goals, and make sure to reward yourself every time you acheive a goal.