Is Making Money Your Trading Goal? Rethink That πŸ‘Š @ukspreadbetting
Is Making Money Your Trading Goal? Rethink That πŸ‘Š  @ukspreadbetting
Uploaded July 2024 | Updated September 2026, 2 weeks ago
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The video discusses reframing trading goals from monetary targets to actionable steps.
It emphasizes the importance of setting goals that can be controlled and achieved through specific actions.
Instead of focusing on making a certain amount of money, Mark suggests concentrating on executing a trading plan.
Limiting the number of trades and having a routine for reviewing performance are recommended actions to improve trading.
The video highlights the need to avoid concentrating on monetary losses and, instead, setting limits to prevent excessive losses.
The approach suggested by Mark is inspired by high performers in various fields who set actionable goals to achieve their desired outcomes. CLEAR

Money
- I want to make X amount of $ in this trade.
- Make more than X $ a day.
- I want to exceed my largest gain this week.
- I want to make X amount of $ this month.
- The problem with these is that you have no control over these targets.

How To Set Trading Goals
Actions
You can still say - I want to do this but you must have goals that are actionable
- Execute my trading plan
- Take a maximum of X trades
- Pull the trigger everytime
- Spend 2 hrs reviewing performance
- Run thru my pre-trade checklist everytime

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Is Making Money Your Trading Goal? Rethink That πŸ‘Š

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