Goal Setting!

Let's discuss the first part. When you are assessing your goals in 2019 (this might be more exciting for some than others), look at those you achieved and those you failed. Be honest with yourself on both, but at the same time use it as a reflection period to dissect your year and see what needs correction. More focus? More detail? More??? You get the point. 

Now as we proceed to the new decade, 2020, I'm a firm believer that you can't just say these are my dreams and goals for 2020, and let's get to work. For some people, this may work, but I believe for the vast majority, they will fail if they take it on like this. For example, how many people have a new year resolution and goal of dropping 25-50 pounds and show up day 2 of the year to the gym, not day 1, because they are hungover, only to last a week or maybe two weeks at obtaining their goal. They ultimately fall back into their routine and never obtain their goal. 

So, how do you fix the failure? There are four main areas to focus on with not only setting your goals but achieving them. First area - Set SMART Goals. SMART stands for Specific, Measurable, Attainable, Relevant, and Time-Based. Don't just write down I want to be healthy and in shape. Instead, write down I want to lose 25 pounds of fat by June 23rd to improve my health. Don't just write I want to be a successful trader. Instead, write down I want to profit an average of $1,000 in the market every week with a win percentage of 60% or more so that I can achieve financial freedom for myself and family by end of the year. See the differences in the goal setting. Be SMART with you goal setting. 

Now, that you were SMART with your goal setting for 2020, you need to create the plan on how you will achieve your goals. You can just say I'm going to take action. How will you take action. Will you go to the gym 3x or 5x week? Will you lift weights or cardio or both? Will I trade the London Session or New York Session? How many hours will I trade? Etc. See where I am going with goals and plans. Be specific! That way it's clearly outlined and now you are able to see the success happen before it does. 

But I said there were four main parts? The last two are the biggest because they deal with your action. Comfort zone and Mindset. First, goals are set to make you better and the only way you get to become better is through change. In order to change you must get out of your comfort zone. It takes 21 days to develop a habit! So, regardless of the gym or trading or any other goal, commit to staying the course a bare minimum of 21 days. But you can only accomplish this through your mindset.

Having the proper mindset is the final and most important aspect to achieve your goals. Without it, your  action will only be in your comfort zone and your goals will only suffer and ultimately fail. Only you can motivate yourself to change your mindset. A short story long...I was slightly on the heavier side and I was not happy with the way my body was starting to look. A dad bod? Come on now. I can't have that. I was already going to the gym but it wasn't the gym that was the issue. It was my diet. So, what I did was got coach (fortunately I knew this person a really long time and knew of his habits and success stories). We set a specific goal and created a specific plan. I changed my eating habits which was incredibly hard. I went from pastas and pizzas and loads of sushi to chicken and veggies. I do have other proteins, but where I am going with this is that, it is really hard drastically change your habits. I was only able to change my eating habits through my mindset. It was able to keep going and now, I have lost my weight, look and feel healthier, plus I have more energy. Only through mindset and being goal oriented will you be able to change. I had to get out of my comfort zone and change my habits and one of the best ways you can do that is to have a coach. Someone in your corner to help motivate you and keep you on the path. 

No matter what goals you want to achieve in 2020, be SMART, have a Plan, get our of your Comfort Zone, and most importantly, HAVE THE RIGHT MINDSET! Then, you are on your way to achieving your goals in 2020! If you want to be a FOREX trader then come check us out.