A Common Mistake New Full Time Traders Make With Goal Setting! 🎯

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A Common Mistake New Full-Time Traders Make With Goal Setting. Setting Your Trading Goals. This is the number one goal-setting mistake traders make in trading. If you are relatively new to being a full-time trader you may have a monetary goal that you're looking to make. OK.

When we trading in the starting days we are making money but still learning. But aiming for a specific amount per month is a fundamental mistake.
This is dangerous because it doesn't take into account drawdown and times when you're not on the ball or times when things are quiet or such.

1. What position size do you need?
2. What risk per trade do you need?
3. How many trades at your average R:R ratio is that?

#setting_goals #goal_setting #profit_targets

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