Forex Trading Goals - What Are Yours?

ali555 · December 5, 2013

If you're new into forex trading then it is always better to set a goal for each month. Goal for earning, goal for minimizing loss and goals on your demo or micro trading account. Whichever is applicable to you, learn to set some goals.

Why set goals? There are many benefits to setting goals. You learn to discipline yourself and also put a habit to make money. This way you will be able to get more confident in trading over time. I see 10$ a month is good starting point for forex trading newbies. Of course your view maybe different from mine. In such case i would like to have your opinion.

What are your goals as an newbie or intermediate or expert trader in forex?

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Lilly Hardson · November 21, 2019

Becoming a good Forex trader is my trading goal. And to achieve my desired goal I am working hard with starting trading proper learning and trading with one of the famous and secured broker ForexOne. As a good broker I have never been faced any re-quote, slippage and dealing desk issue with them. They even allow using any types of trading styles and give necessary facilities without taking any commission.

Jo Eshuijs · November 21, 2019

Broker is the medium and dealer to the Forex traders who who give various trading supports and services with high or low commission as per their trading conditions. So, we the trader need to choose the proper broker who give error free trading environment as like Forex4you trading broker. I am trading with them because they allow low commission, low margin, low spread from 0 pips, superior fast and fluent trading execution and others.

maspluto · November 27, 2019

broker selection must be able to be considered properly, this is done so that traders can become better and more optimally in carrying out trading activities in accordance with expectations with Tickmill.

David Meyers · August 23, 2023

High risk-taking tendancy plungs us into loss. Tarding in micro account, sing small leverage, trading in small spread-consuming pairs fall in risk management policy. FXOpulence offers traders a nice demo trading platform and a good education program to educate their traders. The environment they offer is suitable for trading.

Hanan Öberg · February 12

My target is to develop fundamental thinking ability. We lack the ability of market analysis, especially technical analysis, and we are failure to catch the trend as a result of it. The most profitable trading pattern works when the market is stuck into a range. It is a special technique of trading. FXOpulence provides more than 400 technical tools for market analysis. They often provide signals so traders can make profit. Their trading instruments like Indices1000, crypto500, USD basket and EURO basket are well-enriched.

maspluto · February 13

For now, I am still delving into technical and fundamental analysis. Because both factors are crucially important in forex. That's why I am developing both and leveraging education from Tickmill, so I can deepen my knowledge and understanding of the forex market.

Fin_Trader · March 6

My main goal is greater stability of earnings in trades. It is important that there are many more profitable trades than unprofitable ones, then the overall profit will be stable. This requires both experience and a profitable trading strategy, as well as a good broker that provides fast order execution and high-quality trading conditions. That’s why it’s convenient for me to trade in fxopen.

maspluto · March 7

Traders enter the forex market with the hope and goal of achieving maximum results. However, it is not as easy as imagined; everything requires a process. That is why I continue to learn everything, so that I can understand and master everything correctly, along with Tickmill as the broker.

Fin_Trader · July 10

Also, for many people, Forex trading is a means of achieving financial independence, allowing them to freely manage their time and resources.

Hanan Öberg · November 17

My Forex trading goals are to achieve consistent profitability, manage risk effectively, and maintain emotional discipline. I aim to develop a robust trading strategy, continually improve my skills, and focus on long-term growth rather than short-term gains. Patience and consistency are key to success in Forex. LQDFX’s 1:1000 leverage, narrow trading spread, flexible margin level are helpful for me to earn big profit.

maspluto · November 18

It is not easy to gain profit in forex trading, because traders must have something called learning and training. Because by learning and practicing a lot, traders will slowly be able to understand and be able to trade forex optimally with the Tickmill broker.