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Trader's Mindset: Realistic or Optimistic?

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Trader's Mindset: Realistic or Optimistic? in General Forex Discussion_xx

In business a plan is needed to achieve the final results, as well as the forex business requires a plan to get profits (reward) and minimize losses (risk).
Planning in the forex business includes Money Management, Trading Journal, Psychology, and Technical or Fundamental Strategies.
There is a simple question about Money Management that is in determining the Target Profit.
With all the abilities or skills possessed by every trader, of course they already have a plan in determining the Target Profit, with two options as follows:

1. OPTIMISTIC in determining the Profit Target, for example: With a capital deposit of $ 100 in a month you want to make $ 1000.

2. REALISTIC in determining the Target Profit, for example: With a capital deposit of $ 100 you want to make $ 100 in a month.

From the two options above, each Trader has a different mindset in determining the Target Profit.
The question is, are you a realistic or optimistic trader in determining profit targets?





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#1 - October 12, 2019, 11:42:53 PM

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Trader's Mindset: Realistic or Optimistic? in General Forex Discussion_xx
mindset can be optimistic if ytrader believes and vice versa.
#2 - October 13, 2019, 01:06:02 AM

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Trader's Mindset: Realistic or Optimistic? in General Forex Discussion_xx
I tend to be realistic but also optimistic if I can.
#3 - October 13, 2019, 01:16:49 AM

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Trader's Mindset: Realistic or Optimistic? in General Forex Discussion_xx

The mindset of the trader must be optimistic and realistic, where if in line, we can get profit consistency
#4 - October 13, 2019, 03:05:39 AM

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Trader's Mindset: Realistic or Optimistic? in General Forex Discussion_xx
I suggest traders have an optimistic attitude in trading.
#5 - October 13, 2019, 08:22:06 AM

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Trader's Mindset: Realistic or Optimistic? in General Forex Discussion_xx
we must be realistic and optimistic
#6 - October 13, 2019, 08:53:24 AM

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Trader's Mindset: Realistic or Optimistic? in General Forex Discussion_xx
must always instill a sense of optimism in order to consistently benefit.
#7 - October 13, 2019, 12:07:52 PM

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Trader's Mindset: Realistic or Optimistic? in General Forex Discussion_xx
we must think optimistically in order to become our target in the future.
#8 - October 13, 2019, 01:38:34 PM

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Trader's Mindset: Realistic or Optimistic? in General Forex Discussion_xx
I am more realistic when the forex market provides profit.
#9 - October 13, 2019, 02:06:27 PM

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Trader's Mindset: Realistic or Optimistic? in General Forex Discussion_xx
as a trader we must think realistically in order to dominate the market.
#10 - October 14, 2019, 04:01:13 PM

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Trader's Mindset: Realistic or Optimistic? in General Forex Discussion_xx
traders must think realistically in order to adjust to market conditions.
#11 - October 14, 2019, 04:28:29 PM

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Trader's Mindset: Realistic or Optimistic? in General Forex Discussion_xx
I don't know yet my mindset is realistic or optimistic.
#12 - October 14, 2019, 05:07:58 PM

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Trader's Mindset: Realistic or Optimistic? in General Forex Discussion_xx
I have a beginner mindset so tends to be optimistic.
#13 - October 15, 2019, 04:34:52 AM

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Trader's Mindset: Realistic or Optimistic? in General Forex Discussion_xx
The correct set is when a trader thinks realistically
#14 - October 15, 2019, 06:17:57 AM

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Trader's Mindset: Realistic or Optimistic? in General Forex Discussion_xx
Don't think Forex is a fast way to get rich
#15 - October 15, 2019, 06:26:24 AM

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