Do You Have Realistic Expectations - Trader Behavior

Posted by TopstepTrader on August 26, 2017

Want to make $1,000 a day? That's what TopstepTrader Founder and CVO Michael Patak thought was possible after graduating college. That goal ended up being more of a hinderance than a help to successful trading. 

Setting expectations for our trading is a critical way to hold ourselves accountable. Yet if we focus too much on the money and not on the process, we can quickly run into challenges. What are good expectations? Trading according to our plan and not hitting our daily or weekly loss limits are a couple starters. 

In the video below, TopstepTrader's Founder and CVO Michael Patak and Senior Performance Coach John Hoagland talk about their personal expectations and mistakes they've made in the past setting goals.

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Topics: Market Updates, Trader Behavior