Focus on Goals

Being disciplined enough enough to stay focused while trading is a heavy job in and of itself.
But what happens when we get so wrapped up in just winning that we forget our objectives.

We set our goals to win as much as we can. This a gambler mentality for sure.
Or you may have taken on the job of a daytrader. Eyes on the screen waiting to jump at some
movement that you think has potential. Progressing a little at a time, steady as you go!

Making your goals very clear so you can measure them is the first step in making a strategic
plan.

For goals to work properly they need to be measurable. Write them down and be specific.

Get started by making a checklist.

• Define your goals
  
• What will be need to reach them
• Remember to measure each step.
• How much capital will you start with.
• Is the amount realistic.
• What type of trading is best for this amount.
• Educate yourself in this style of trading.
• Paper trade first.
• Keep a log journal.
• Have strict money management rules.
• Review yourself frequent.

This is just the beginning of course, you will need to fill out in great detail everything on your
specific list. A Business Plan if you will because that is exactly what Trading is, a business.
Remember success is a choice that you make. Fail to plan and you are planning to fail.