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Find out the methods to set the goals in Intraday trading

 


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The common characteristic that resides in almost all successful traders is that they all are goal oriented. When you have a goal clearly in your mind, your performance will be good. This is the universal truth. This is how the human mind works. If you are clear about your goals, then your subconscious works very hard at helping you to achieve that goal. It happens automatically without having to fight using will power.

You might be clear about goals in mind, but that is not enough. Having goals in mind will be of no use, if those goals don’t have the following features.

1) Try to set the realistic goals.
2) The goal set must be attainable.
3) The goal must be measurable.

1) Try to set the realistic goals:
Don’t set the goals which are out of your reach. The goal has to be something that is within your capabilities. Don’t dream to make a lakh of rupees in your first year of Intraday trading. It may be possible to earn a lakh of rupees in your first year of trading, but its probably not very realistic because it isn’t within your capabilities yet. Try to have realistic goals.

2) The goal must be attainable:
Once again, your goal must be within your capabilities. It is similar to a goal being realistic. For example, you might be trying to average 500/- to 1000/- a day with your Intraday trading from the Stock market. Your chances of being able to reach that goal are much better than the goal to make a lakh of rupees in a year. You can raise your goal, only if you are doing very well with your current goal. Always stat with a goal which is attainable and then you can build it. Its advisable to start with a small goal and moving up from there.

3) The goal must be measurable:
Everybody enters the Stock market with the objective of getting rich. It seems to be everybody’s goal. But that should not be a real goal. You goal must be measurable. You must come to know when you are far away, close, and when you have achieved your particular goal. If the goal is not measurable, then you wont know how close you are to reaching your goal.

Besides having realistic and measurable goals, you need to visualize yourself reaching those goals on a daily basis. If you can’t see yourself in your mind’s eye as a success, then there is no chance that you will become successful.

If your goal is to earn maximum profits from the stock market in less time, then take the help of the reputed stock advisory company which provides Intraday tips . Intraday trading will be easier when you take help of the professionals.

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