Setting a goal is the first step in achieving one's dream.
Therefore, I decided to make one for my self.
Thus, the 1000% GAIN CHALLENGE is born.
RULES:
1. Percent gain is base on the total capital - original and added capital. Therefore, whenever I will add funds it will be included to my total capital and in effect, the previous total percent gain will decrease depending on the added amount.
2. Progress will be posted every 2 months - every 30th of that month. (It will be included in my Stock Trading Diary Series)
3. Gain withdrawals will not be counted as part of the total percent gain.
4. At the start of the challenge, previous gains are null and void.
5. (Optional) Set a timeframe. Example, the challenge should be finish within 3 or 5 years.
In my case, I shall opt out from the 5th rule since I'm not a full-time trader.
I might have days, or even weeks wherein I will not trade
due to my job or for some other reason.
Challenges can make a person grow stronger,
And having a goal will make us more focus and prevent our journey to go astray.
In trading, it might be helpful to have goals to make us more discipline
and seek continual refinement of our trading system whenever a flaw is spotted.
Goals remind us to disregard emotional trading and stick to the trading plan
or suffer the same mistake over and over again.
Credits: brightdrops.com
This challenge is what I decided to conquer.
It might be a daunting task for someone like me
but this also proves how resolute I am to become a successful trader.
I know I can do it and I know you can too.
Start your #1000PercentGainChallenge today.
Who knows maybe 5 years from now
you too will be able to say the words of Nelson Mandela:
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