Quote from Flashboy:
For the first time since I started trading the Emini.. almost 2 months now.. I've reached a weekly goal I set for myself..
Now I know a monetary goal is not a good way to trade.. but I use it as a guage to see where I can be capitol wise in a year or so..
I'm very pleased with my performance.. I started the week off with a terrible day on Monday.. but came fighting back with 3 winning days in a row.. now I have to be careful not to get cocky because that always means trouble.. don't want to give it all back in one day..
Does anyone else set monetary goals on a weekly or daily basis??
Hope everyone's trading is going well.. and hopefully I can keep this up..
Good Luck..
Congrats!! If I were you I would always set monetary goals. Setting goals like being net positive everyday are good but if you're going to trade for a living you should be net positive most days anyways or you shouldn't be trading. Cheers.