In our life, everything is interconnected, most people do not even suspect how strong the connection is between some seemingly dissimilar things.
For example, it is hard to believe that knowing the exact amount of desired earnings can help you achieve success in Forex trading. But this is true.
As a rule, people answering the question – How much do you want to earn? The words “Many or more than all” are very rarely successful.
They dream more not about a specific amount, but about the position that money gives.
You can verify this for yourself by conducting a mini survey among your friends, most people who are not satisfied with their position will give exactly the above answer.
The absence of a specific goal rarely leads to action to achieve it, because it is quite difficult to strive for uncertainty.
At the same time, if you know that your goal is to earn $ 10,000 a month, then it is easier to make a plan on how to go towards it and understand how long it will take.
At one time, when I came to Forex, I did not even dream of such an amount, my goal was to earn only $ 1,000, I wanted stock trading to bring in enough money to live.
Thanks to this, we managed to reach the required amount quite quickly, and a further increase in profits was a pleasant surprise and allowed us to increase the working deposit.
With all this, it should be understood that dreams of earning $ 1,000 with a deposit of $ 100 are unlikely to lead to anything good other than losing those $ 100.
You should measure your appetites with your capabilities, yes, you can dream of a million, but at the same time understanding that at this stage with a $5,000 deposit you can earn no more than $1,000 per month.
And already after, due to the increase in the used capital, the profit received will also increase. It is this approach that has every chance of success.
Therefore, try to clearly articulate your goal and think through the stages through which it will be achieved, realistically assessing the existing order of things and your capabilities. Only then will you succeed.