It's That Time of Year....Again!

1. You set "Lip Service" goals. Lip Service Goals sound great in the moment. Such as "I'm going to go the gym this year and get my six pack abs." Or, I'm going to make one million dollars trading. They sound great in the moment, but in reality the goals aren't that important and thus 28 days later, there has been no progress to achieving the goals.....so they give up, quit, and fail on achieving the goals. 

2. They have a short-term mindset. Everyone wants to have things happen quickly but it NEVER does. You wan't those six pack abs you seen on fitness buffs, but you've spent the last 30 years (or however long you have lived) building your current body. You need to understand that getting those abs won't just come in 30 days but because you have only lost 2 pounds and don't see any results....you give up, quit, and fail on achieving goals. What about the million dollars. Being real with you now. Unless you have a six figure or seven figure trading account, getting that million dollars won't just happen in 30 days. You need to grow your account, manage your risk, plus so much more. It is achievable, but guess what? IT WILL TAKE TIME!

3. Lastly, you don't have a structured plan to achieving your goals. How many days will you go the gym? Are you going to do cardio, weights, or both? What currency pairs will you trade? What times and days will you trade? How much will you risk? These are just basic questions that need to be answered and I'm willing to bet that those who give up, quit, and fail this month, have none of these questions answered. 

But don't fear, you can correct the challenges and issues...hit the reset button...and get the results you want. You will need to make some changes though. 

1. When you setting your goals, you have to figure out your why....Your DO, BE, and HAVEs. I do this not only every year, but every month as well. The goals never change but sometimes you will need to change your script to get their. Going the gym three days a week is producing results but not as fast. So let's go the gym five times a week now. The object of DO, BE, and HAVE is to get extreme clarity on what is truly important to you. When something is truly and very important to you, you will find a way!

2. Stop thinking in short-term mindset and START THINKING IN LONG-TERM GOALS! It took years to build the body you currently have and it won't change overnight. Don't jump into trading and expect to make millions of dollars. There are financial advisors and traders that have losing years. It is the long game we are after. But in order to have success with the long game, you need to break it down. Break it down by quarterly and monthly. What this allows is for you to adjust your script to stay on track or get back on track to hitting your goals. Plus setting smaller goals, makes it look more attainable and will keep you more motivated. A million dollars in a year or $2,740 per day. What sounds more attainable? 

3. Lastly, you need to have a structured plan. This is the area you want to be extremely detailed on how you will achieve you goals. Don't say you will go to the gym more...rather, say you will go the gym four days a week and spend 30 minutes on cardio and 30 minutes lifting weights each day you're there. More detail! 

Visualize your goal and the behaviors needed to achieve your goals, then execute. 

Break it down! Break it down! You want to make one million dollars this year. Well that is $83,333 per month or $19,231 per week or $2,740 per day. Then you break it down by risk level and how many pips or points you need to make to achieve it. 

It doesn't stop there. You need to surround yourself with like minded people. You want to be good at trading but you hang around your friends that go to the bar. What you do is be around other good traders. There are so many groups, forums, and platforms that can all that to happen. You want to have motivation at the gym? Get a trainer or a lifting buddy. You need to keep leveling up and in order to do that, you need to be around people that are better than you and will push you to succeed. 

Lastly, the most important aspect of all this......IS TO BE ACCOUNTABLE!!!!! You need to be accountable to yourself and your actions. Don't bullshit yourself. Stay true and be a hard critic of yourself. This will allow you to see the areas that need more focus and improvement so you can achieve your goals in 2020.

I hope this article helps you with keeping on track to achieving success in 2020. If you are looking to get in to trading Forex or a struggling trader, then check us out at www.prosperityforex.com or send a text to 1.702.970.9443 for free information. Happy Trading and Happy Pips!