At the beginning of the year each trader must put future targets for 2015. What, however, should they be?
Generating new ideas: When we look at 2014, we see some missed vazzhmozhnosti. In many cases these missed vazzhmonosti just because we have not focused on the correct market share or currency. Extension of our “database” (looking at more things in different directions) is a very important step in our development. Exactly this is the first goal that every trader should set.
Better risk management: This is one of the things that are the basis for improving our distant goal of profit. Risk management deals with the main things in marketing: When to open position; to what extent; where to put stops and why they are the right places for them and so on. Better risk management means better profit.
Improvement of input and output levels: Too often traders “chase” market movements and poor levels entering or leaving prematurely affected by noise. Target before everyone has to be sold to the highest and buy at the lowest levels. Too often, however, we are perfectionists about input levels and this leads to deficiencies of good opportunities, because one of the objectives that have to put this year is precisely the improvement of the input and output levels.