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20 Achievable New Year's Resolutions for Forex Traders in 2024

  1. I am a successful, disciplined Forex trader.

  2. I enjoy trading to make a profit.

  3. I honor the responsibilities I ask of myself and those who are watching and depending on me to be such a trader.

  4. I will always continue to educate myself on how the market works.

  5. I know how to determine market direction and I have a simple trading methodology that works and consists of an entry and 2 exit strategies. One for profit and one to protect me from taking large losses.

  6. My stop loss order is placed to work within my equity management rules and I feel comfortable with that stop loss order when I trade.

  7. I have a set of rules that make sense to me that are easy to execute and easy to obey and I obey these rules.

  8. I trade for PIPs, not for money.

  9. I trade nonemotionally and turn off my profit loss window on my dealing station to support that decision.

  10. I always trade with a protective stop.

  11. When I find a trade I create a Trading Plan and ensure to trade my plan.

  12. If the currency I trade does not meet the criteria of my methodology I will look to trade another currency.

  13. If I cannot find a trade then I am patient and will wait until the market meets the criteria of my trade and after each trade I always WIN, either pips or experience.

  14. I am always positive when I trade.

  15. I will remove the word ’should’ from my vocabulary and replace it with ’will’ or ’must’.

  16. I never take anything personally.

  17. I never assume anything.

  18. I always use positive words.

  19. I always succeed in anything I do through persistence.

  20. I always do my best, if I make a mistake I accept it, learn from it and move on.

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