Why You Don’t Hit Your Trading Goal! 🚨
Here’s a shocking truth: Over 90% of crypto traders quit in their first year!
One of the main reasons is that they pursue the wrong goals.
In most cases, people start trading because they want to make money (nothing wrong with that). They set goals like “I want to make 10k in 3 months” or “100k in one year.”
The problem is that these are goals no one can control (even the world’s best trader couldn’t).
Uncontrollable goals lead to uncontrolled actions.
👉 The result: Traders make wrong decisions, lose money, and ultimately stop trading.
💡Here’s a better way to do it:
Successful people (not only in trading) usually focus on tasks, not goals.
Don’t get this wrong. Of course, they have goals.
But here’s the trick: They break down the goals into required tasks & focus on their execution.
It’s a small yet essential perspective change.
Let’s make this tangible 👇
Instead of focusing on making 100k, you break down this goal into required actions:
For example:
‣ Educate about trading: 1h daily
‣ Build trading strategies: 2h daily
‣ Backtesting: 3 times/week
‣ Document and automate processes: 2h/week
‣ Journal your trades daily
‣ Analyze your trades once a week
As a next step, you continue focusing on the execution of the actions, tracking, monitoring, and improving them.
This might sound boring, but it is exactly what you must do.
Alex Hormozi once said: Extraordinary accomplishments come from doing ordinary things for extraordinary periods.
And this is precisely what will happen if you consistently execute the defined tasks. You will reach the overall goal.
Summarized, here’s what you need to do to reach your trading goal:
✅ Set a goal
✅ Break it down into actionable tasks
✅ Execute the tasks consistently
✅ Celebrate your success!
If you want to be one of the crypto traders who don’t quit, you can check out Crypto OS. It’s the platform I developed based on the mistakes I made. It contains data-driven trade signals, backtests, trading bots, and much more.