Set realistic goals and objectives for your trading endeavors from "summary" of Profiting With Forex by John Jagerson,S. Wade Hansen
When it comes to trading in the forex market, one of the most important things you can do is to set realistic goals and objectives for yourself. It's easy to get caught up in the excitement of trading and set unrealistic expectations for what you hope to achieve. However, it's crucial to remember that trading is not a get-rich-quick scheme. Setting realistic goals and objectives will help you stay focused and disciplined in your trading endeavors. By having clear goals in mind, you will be able to create a trading plan that outlines your strategy and how you will achieve those goals. This will allow you to make informed decisions and avoid impulsive trading based on emotions or hunches. When setting goals, it's important to be specific and measurable. Instead of saying you want to make a lot of money trading forex, set a specific monetary goal that you can work towards. This will give you something concrete to strive for and help you track your progress a...
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