brettschoenfelder

Why do you trade? Trading Goals and motivations (trade plan)

Education
FX:USDOLLAR   Dow Jones FXCM Dollar Index
Why do you trade? Consider writing down your personal trading goals.

The following are my personal Trading Goals & Motivations (taken from my trade plan).

Goals - Consistency
1. Focus on the process and let the results happen
2. Think in probabilities and whether I followed my plan. (Not right or wrong)
3. Master the ability to sit on my hands
4. Demand constant improvement
5. Follow the rules of my trade plan, ALWAYS.
6. Master the mental game

Goals - Financial
1. Fund and trade full account
2. Replicate my current income through trading (short term plan)
3. Once (1) is accomplished, maintain and build wealth (long term plan)
4. Have the freedom to quit my job if I so choose

Motivations
1. BE SUCCESSFUL = Achieve repeatable, consistent trading, reach goals,
2. Live the life I want. Flexibility, lifestyle, comfort, schedule, travel
3. Enjoy the journey
4. Continue to learn and get education
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