What Every Trader Needs to Succeed in 2025

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#573: What Every Trader Needs to Succeed in 2025

In this video:

00:29 – Setting your trading goals for 2025.

01:12 – What are you going to do to become successful this year?

02:40 – Trading in less than 30 minutes a day.

03:17 – When to look at the charts and what time frame charts to trade.

03:44 – Trading on large prop firms.

04:42 – Investing in yourself up front.

05:25 – Our 16th year of coaching.

05:45 - 17 minutes Masterclass and Book a Call.

06:00 – Blueberry Markets as a Forex Broker.

06:15 – Comments, Like & Subscribe

How are you going to ensure that 2025 becomes a fantastic trading year for you? What are you going to do to make that happen? Let's discuss that and more right now.

Hey there, Traders! Andrew Mitchem here at The Forex Trading Coach with video and podcast number 573.

Setting your trading goals for 2025.

First video on podcast for 2025. So the obvious thing that everybody talks about at the beginning of the year is New Years Resolutions, setting goals, all those type of things. Now I'm kind of going to talk about that, but I also want to make it realistic.

You see, I've sent out an email just yesterday talking about why people quit their New Year's resolutions, and already by mid January, most people are given up on diets and gyms and all these things they said they were going to do. So it's no good discussing that. Because realistically, some of those things are just not going to be achievable and you've probably already given up by now. So I'm a realistic, I like practical, realistic things, achievable goals.

What are you going to do to become successful this year?

So what is it that you are going to do to make sure that this year becomes a great trading year for you? What have you got written down? What have you set in place? What did you discuss with other people to ensure that with your trading, do you have the knowledge, the experience, the strategy, the support, to know what you're doing?

Do you know, realistically, when you can trade, practically, when you can trade, how is it going to fit in with what you do, your lifestyle, your family commitments, sporting, music, work, whatever it is that you have going on in your life? So that's how we get to the end of this year. You can look back and go, yeah, look, I pretty much stuck to my trading plan because I set realistic expectations at the beginning of the year when I can trade what markets I'm going to trade, what timeframes I'm going to look at, what type of patterns or in news events.

If you're a fundamental trader, what am I trading to make it real? What's my risk going to be? How many trades would I have open maximum at any one time. What am I realistic? Drawdown expectations. My profit expectations? Am I going to invest in myself? Am I going to invest in education? Have I already done that? If I've done that, have I actually followed through with that information and learned it properly?

Or I just sort of glossed over it last year, not really giving it a good shot. All those things you need to decide for yourself, but make it real.

Trading in less than 30 minutes a day.   

That's why I say that we can trade in 30 minutes or less per day, because it's something that's realistically achievable, it's enjoyable and it can be achieved by anybody. Doesn't matter where they live in the world or what their other commitments are.

You can trade once a day at 5 p.m. New York time. You don't even need to be there, by the way. We've got clients in 108 countries. Of course, not everybody can be on at that time. So that's why we use limit orders as well. We make it real. We make it, something that is achievable to everybody.