@BCShaf
I do not think having a monetary goal of increasing your account size each week is a good goal.
I think itās a terrible goal - but itās trap many if not all beginners fall for.
I can understand why you have that type of goal - if you have worked in industry, particular sales and marketing the idea is to increase sales and set targets
Well that might work in industry, or you own business but it doesnāt work in trading.
In business, you have a certain amount of control over things, you can target specific markets, improve your selling skills, cut costs, employ more people etc
In trading you are totally 100% reliant on what the market gives you - imposing your will on the market somehow is not going to work
Itās where so many fail, including many of those who have been highly successful in others domains of life.
We have very little control of results in trading. Trading has more in common with fishing or farming than it does other types of business.
Farmers know there is a time to reap and a time to show.
I think a big part of the reason you are trading so often, and why many choose the day trading path generally is because itās the closest thing to moving towards these financial type goals set by business.
Itās hard to sit and wait for the right trade to come along so many blag themselves into believing by trading often they are doing something - most often all they are doing is chasing their tail.
There is only ONE goal to have in trading, and that is to execute your edge consistently every time.
Monetary goals will do nothing but get in the way of trading results - the fur coat story in the classic Reminieces of a stock operator (the bible of trading) lays this all down perfectly well.