New Forex Trading Goal and Equity Curve Graph

February 3, 2008 by Trader Rich 

I’ve rewritten my forex trading goal.  It’s really very straight forward.  For future reference, my current goal and 2008 equity curve graph is always located at http://www.forexproject.com/My_Forex_Goal/ or under the Trader Rich menu item, Goal & Performance.  

My goal is simple in substance but will be difficult to achieve.  I must be profitable over an 18 month to 2 year period.  A 10% gain over this period is not sufficient, nor is 20%.  I’m looking for at least a 50% gain or more over this period.  

I’ve been trying to obtain consistent profitability over the last three years without success.  Initially, I think I expected to have success after my first year of trading but that quickly changed when realism set it.  Therefore, I have little doubt that I have only two years left trading forex if my goals aren’t realized.  If I can’t show consistent profitability after trading for five years, I will assume that it will never happen.  I don’t think my goal or intentions are unrealistic.  I’ve heard countless times that in order to become proficient as a trader, you really need to give yourself three to five years.  

I am still optimistic that I can achieve this goal.  If I didn’t think I could, I would have given up already.  

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Past Goal and Performance (Part I)

Past Goal and Performance (Part II)

Past Goal and Performance (Part III)

 

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Comments

One Response to “New Forex Trading Goal and Equity Curve Graph”

  1. Forex Trader on February 3rd, 2008 1:46 pm

    Good luck Rich!

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