Wednesday, February 3, 2010

Trading Goal & Review

Started with the goal of breaking even by end of February. Come to review my goal, I was wondering if its a realistic goal. I read somewhere that goal has to be realistic. I have never achieved growth of more than 24% in a month. Now is 3rd day into the month and i started the month with 2 losses of 3%. Got to grow 108% to break even. Weekly goal is to grow 20%. Daily goal is to grow 5% and that is achievable. The catch here is to do it consistently.

Now that the goal has been set. Its time to review the strategy. Need to put it down to writing so that i can follow my trading setup before i enter any trades. :-)

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