January #1|Goal that I want to achieve in 2025.

ONE MAJOR GOALS IN 2025
MY TRADING GOAL

source
TRADING GOAL
The ability of gaining Mastery of one strategy in forex trading in 2025 can highly boost a trader's ability to gain it's way through the huddles of the forex market. One top notched strategy to consider is the trend following strategy, which focuses on mainly on the direction of market trends.

Trend Following Strategy:
Following the Trends: The main focus of this strategy is to identify if the market is in an downtrend, uptrend, or consolidation movement. An uptrend is usually characterized by higher highs and higher lows, while a downtrend shows lower highs and lower lows.

I WOULD ALSO WORK ON WAYS IN WHICH I CAN GET A BETTER CONFLUENCES IN APPROACHING THE TREND

1. Trend lines
2. Fibonacci retracement level
3. Moving average

ONE AREA I WILL ALSO WORK ON IS ON MY ENTRY AND EXIT STRATEGY

Entry and Exit strategy: Once I can identify the trend of the market, I can then look for an entry points. This levels could be at the breakout of a resistance level in an uptrend or a support level in a downtrend.

ONE OTHER ASPECT I SERIOUSLY NEED TO WORK ON AND MAKE IMPROVEMENT IN THIS 2025 IS MONEY AND RISK MANAGEMENT.

source

Money management: Before I'm to fund my account I would want to make sure that it's money that I'm willing to lose out of my spare cash, and i will ask myself a question if anything should happen to the fund as a result of my trading it won't affect me financially.

Risk Management: Proper risk management is very much needed in yhe forex market. I should never risk more than 1 or 2 percentage of my trading capital on a single trade. This will help nme in a long run in sustaining my trading account even when faced In draw down or a lossing streak.

THIS YEAR I WOULDN'T WANT TO REPEAT OR CONTINUE IN THE HABITS OF PROCRASTINATING

In the past months last year it has really been challenging when you plan on getting things done and you decided to postpone it which in turn will eventually lead to disappointment and appear to be incompetence. this is one major thing i wouldn't want to repeat in this year 2024.

BY EXPERIENCE I'VE COME TO KNOW AND BELIEVE THAT MISTAKES MAKES THE BEST OF US.

As a result of mistakes I've made in the past, it often forces me to reflect on what I did wrong and why i carried out those actions. Reflecting on these things helps me to gain more knowledge and wisdom and handle issues in a more appealing way. Pondering over my mistakes in the past has brought out the best in me and has enable me to spot my strength and weakness.
I would like to invite @cicisaja, @sahmie and @goodybest