/* */
Share on facebook
Share on google
Share on twitter
Share on pinterest
Share on linkedin
Share on email
Share on facebook
Share on google
Share on twitter
Share on pinterest
Share on linkedin
Share on email

Trade with Growth as the Goal

Trading, like many other endeavors, is about growth. Trading is about continual adaptation and your ability to grow with the market. You’re never done becoming a trader because the objective is to be consistent and consistency only comes from a breadth of ability to trade many markets and conditions. What good is it that you can make 10k in a strong bull market when the market goes through a correction.

When it comes to growth and goals, we like to set very specific weekly goals that grow upon themselves. For example, we may say we want to spend the next week working into our trade in the zone set. The week after, we will add to this, a new goal of holding the neutral zone after taking the trade. The week after, we would add to this by partialling out once the neutral zone has been broken instead of exiting the entire position. So that’s 3 weeks of very obtainable, specific performance goals and then we take a week of “rest”. We use what we have built and start to make it part of our technique. After week four, we start a new 3-week cycle of adding in growth goals.

Just remember to keep the goals specific and obtainable. Also, make your goals cycle-related so you can see the compound effect. As traders, we often don’t reward ourselves for meeting goals. Use the compound effect to measure an improvement in yourself and maybe on week four give yourself a little something you have been wanting. We hope this helps and sparks ideas for the community.

Inspired? Subscribe to Trading Escapes!

We’ll send you the latest Trips, Reviews, Tips, Trades and more straight to your inbox, once a week.

Subscribe to Trading Escapes

Top Posts

Get live education from the world’s best trading academy.

Enjoy extra income, and gain financial security by learning this great profession with the Tradenet Day Trading Academy and Mentorship Program

What's Trading Escapes?

We are Day Trading to escape the ordinary day to day life in search of extraordinary experiences.

logo4 Brand
logo4 Brand

MORE ARTICLES

Michael Tyler

Friday FIRST30 Picks

We have selected the following stocks from the gap scanners to watch and trade our FIRST30 strategy. They are gap and go picks that we

Michael Tyler

Monday FIRST30 Picks

We have selected the following stocks from the gap scanners to watch and trade our FIRST30 strategy. They are gap and go picks that we