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038: World cup trading champion Kevin Davey talks about the importance of trading goals, common mistakes traders make and the best way to formulate good goals.

038: World cup trading champion Kevin Davey talks about the importance of trading goals, common mistakes traders make and the best way to formulate go…

FromBetter System Trader


038: World cup trading champion Kevin Davey talks about the importance of trading goals, common mistakes traders make and the best way to formulate go…

FromBetter System Trader

ratings:
Length:
16 minutes
Released:
Jan 1, 2016
Format:
Podcast episode

Description

Happy New Year! The start of a new year is typically the time when people review their accomplishments and progress for the past year, and make fresh plans for the year to come. I thought it might be good to do a quick bonus episode with someone who knows all about setting goals and achieving them. That person is World Cup trading champion Kevin Davey, who was a guest of the show on Episode 5. Now this is a bonus episode so it’s a really short one but it’s full of great information, including the importance of goals in trading, common mistakes traders make when setting goals and the process to creating good goals. Whether you're an accomplished goal setter or just starting out I think you'll find value in what Kevin has to share with us today so I hope you enjoy this short chat on goals in trading. In this episode we discuss Why it’s important to have goals in trading The impacts of not having goals can have on trading success The types of goals appropriate to traders Common mistakes traders make when setting goals An easy way to create good goals How to determine if your performance goals are attainable Why some traders get hung up on goals that aren't relevant Why you need a time limit on your goals   Disclaimer: Trading in the financial markets involves a substantial risk of loss and is not suitable for everyone. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice. Past performance is not necessarily indicative of future results.
Released:
Jan 1, 2016
Format:
Podcast episode

Titles in the series (100)

If you’re looking for inspiration, motivation and practical advice on improving your trading results, Better System Trader delivers every fortnight. Each episode brings you an expert trader who shares their own story, along with the steps, both good and bad, that they've taken on their path to success. With a focus on actionable insights, the tips and tricks used by the experts contain loads of value, providing you with insanely practical tips and tools you can start using TODAY. Improve your trading with Better System Trader.