Tag Archives: Forex trading

How To Make The Best Mission-Vision Statement To Help You Succeed in Forex Trading

A Mission-Vision statement gives you the strength when facing hardships in your business venture. This is the core of your business and should guide you in attaining your dreams as a Forex trader. The mission and vision statement both reflect the things you want to achieve on your venture and the values or characteristics that you want to possess.

Questions To Ask Yourself When Making a Mission-Vision Statement

Forex trading should be treated like your personal business. At the end of the day, you will have to dedicate your precious time as well as your resources to this, similar when acquiring a business venture. FX trading should be treated more than just a mere hobby. Having a mission-vision statement will guide you in every action you take and eventually help in achieving your goals in the trading market.

Ask yourself these things first before making your own mission-vision statement:

·       What is the reason why you trade?

·       What kind of trader are you?

·       How do you plan to grow your trading business?

Your mission-vision should not be complicated. You do not need to complicate everything. You can aim for a 1% return by trading three times a day, in different timeframes. The only thing that you need to comprehend is that your statement your focus on your trading goals. If you are already a professional trader who wishes to have your own FX trading firm, you may print your statement somewhere that you can see while you are trading. If you want, you can frame it. Be proud of your statement and don’t keep it to yourself. Who knows, other people might get inspiration from it.

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Inspiring Mission-Vision Statement From Famous Companies

Some of the mission-vision statement from famous people and organizations are as follows:

“To accelerate the world’s transition to sustainable energy.” – Tesla

“Amazon’s vision is to be earth’s most customer-centric company; to build a place where people can come to find and discover anything they might want to buy online.” – Amazon

“Our mission is to organize the world’s information and make it universally accessible and useful.” – Google

“Our mission is to create The Future of Protein – delicious plant-based burgers, beef, sausage, crumbles, and more.” – Beyond Meat

Why are your reasons for joining the Forex market? Is to become a millionaire or the thrill of trading gives you so much happiness? It is important to have motivation because if you don’t have one, you will most likely end up penniless. You may want to conceptualize a trading goal that can help you become a better trader. You may say that “I want to earn 1% every week” rather than saying, “I want to be super rich”.

These goals are more realistic and can be achieved with dedication and patience. Making those precious goals more specific will help you find what you want in Forex trading and you will also get to monitor your daily progress so you can check if you are really improving or stagnant. Contrary, if your goals are not specific, then it goes to show that you are not sincere and you are just wasting your time.