Find direction and trade with confidence.

Goal setting is a powerful process for thinking about your ideal future, and for motivating yourself to turn this vision of your future into reality. The process of setting goals helps you choose what you want to achieve from your trading education. By knowing precisely what you want to achieve, you know where you have to concentrate your efforts. You'll also quickly spot the distractions that perhaps in past endeavors have prevented you from achieving your desired outcomes. More than this, your commitment to personal change is demonstrated by your membership with Your Trade Room, and properly-set goals will prove incredibly motivating, and as you get into the habit of setting and achieving these goals, you'll find that your skills as a trader will be increase dramatically.

Achieving More With Focus

Goal setting techniques are used by top-level athletes, successful business-people and Achievers in all fields. They give you long-term vision and short-term motivation. They focus your acquisition of knowledge and help you to organize your time and your resources so that you can make the very most of your life. By setting sharp, clearly defined goals, you can measure and take pride in the achievement of those goals. You can see forward progress in what might previously have seemed a long pointless grind. By setting goals you will realize your increasing ability and competence in achieving the goals that you have set.

Starting to Set Your Goals

Goals are set on a number of different levels: First you create your "big picture" of what you want from your trading education, and decide what large-scale goals you want to achieve. Second, you break these down into the smaller and smaller targets that you must hit so that you reach your trading goals. Finally, once you have your plan, you start working to achieve it. We start this process with your overall ultimate trading goals, and work down to the things you can do today to start moving towards them.

Your Trading Goals

These will be broken up into two types, your motivation for trading (personal goals) and specific trading goals to quantify your trading achievements. To give a broad, balanced coverage of the all important aspect for you as a person and you as a trader, try to set your personal and trading goals in some of these categories:

? Financial:

How much do you want to earn and by what stage?

? Education:

Is there a specific market you want to trade? Is there a specific trading style you are attracted too? What information, skills and commitment will you need to achieve these goals?

? Career:

What level do you want to reach as a trader? Do you want trading to become your sole source of income?

? Family:

How do you want trading to change your family?

? Attitude:

Is any part of your mindset holding you back? Is there any part of the way that you behave that upsets you? If so, set a goal to improve your behavior or find a solution to the problem.

? Pleasure:

How do you want to enjoy yourself? – Do not lose sight of why you set out to become a successful trader, incorporate these reasons into your trading goals. Give due consideration to each of these categories in relation to your motivation for becoming a trader and your desired performance as a trader, then select one goal in each category that best reflects what you want to do. Now consider trimming again so that you have a small number of really significant goals on which you can focus. As you do this, make sure that the goals that you have set are ones that you genuinely want to achieve, not ones that your parents, family, or peers might want (if you have a partner, you probably want to consider what he or she wants, however make sure you also remain true to yourself!) So you can reference your goals throughout the 90 day challenge, enter your goals into the fields provided.

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