A Simple Forex Strategy

Accountability, Commitment and Writing Down One’s Goals

This much I know about Forex. Because of the unlimited profit potential the forex markets draw some of the brightest minds in the world which compete in a zero sum game. In order to succeed you have to be prepared. This is why I choose the three points of being accountable, committed, and writing down my goals.

My Strategy for approaching the markets

Accountability – By making my goals and performance public I am holding myself accountable. I am doing this simply to help me reach my dreams. I want to be one of the best forex traders in the world. Do you want the freedom trading for a living can bring?

Commitment – I have been trading since 2001. Oh yeah, I am committed. But now I am making a commitment. I am posting my short term, mid term, and long term goals. I am going to use this site to keep working toward achieve those goals. I ask the help of you and all of my readers to help me stay focused.

Writing down goals – I have heard that people who write down goals have a much higher chance of achieving them. Just as a Forex Trading Plan is essential for any trader so is writing down your goals.

These are my goals for the year:

  • Short term (1 to 3 months) – to share on this site how I make money online trading forex and post monthly performance reports.
  • Mid term ( 6 months) – $5,000 a month in passive income to make additional regular deposits into my trading account.
  • Long term (1 year) – a return of 50% of my trading account.
  • Release a Conquer V2 EA to the group for fully automatic trading.
  • Come up with the audacity to try and create a system that produces over a 100% return yearly.

These are my initial goals. It took several minutes of thinking to come up with my list and I know will be instrumental in me reaching them. I am sure that I will be in for a few surprises and new things I never on planned on will come to fruition. I look forward to revisiting my goals at the end of the year to see how I did.

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What are your specific goals?

Do you have a strategy? What are your short, mid, and long term goals for this year? Write them down, post them in a journal or write them here below. I am interested.

 

  • Reply Steve Metz January 11, 2012, 8:33 am

    My goal is to perfect my trading in order to have money to give to churches around the country.

    • Reply Rachamim January 21, 2012, 1:42 pm

      Steve, it’s very refreshing to hear that; my goal is similar except that my primary focus is on Christian work in parts of the world where there is considerable deprivation.

  • Reply ignitefx January 18, 2012, 2:28 am

    Great timing Jordan – jordanclindsey , i wish you all the best for achieving your goals and will keep you accountable; Please reciprocate the favour! I just finished my list of goals for 2012 too, and oddly enough, have referenced you and about the power of writing goals in them. Check it out! :) http://www.libertas.com.au/blog/trading-goals-for-2012/

  • Reply Dennis Spencer February 11, 2012, 2:27 pm

    You seem like a genuine guy, Jordan and this seems to be a genuine site … but we shall see … thanks for your offering it seems genuine as well. Look forward to perusing your information and this site. Thanks!

  • Reply Mannoj Kumar February 18, 2012, 10:37 am

    Hi Jordan brother,
    I am sharing u my dreams.
    My first dream…
    I thought in my childhood to make a big hospital ( provide world class free treatment for all disease). i saw my family members often get ill ,mee too with some disease.
    we are just living life not enjoying. i just want to give people a happy and healthy life.
    thanks
    Mannoj

  • Reply manoj September 8, 2012, 2:37 pm

    Hi brother
    My short term goals
    1. I have to reconstruct my house as soon as possible for my family and me.
    2.I hav to arrange money for my younger sis marriage.
    3.I have to give a gud life style to my family.
    4.I need money to study.

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