Towards the end of the year we tend to review its ups and downs and start planning for the new one. Whether its a pledge to eat more healthy food, learn something new or improve your trading, everything seems to be possible to achieve when we're standing on the verge of another new year. So while you compile your own list of resolutions have a look at what some of the FXstreet.com contributors expect to achieve in 2014. Maybe you will discover you have similar goals or maybe they will give you inspiration. Aren't you curious?
Check previous year's experts resolutions!
- 2012
- 2011
- 2010
Ed Ponsi
- Do More For Others
- Diversify My Holdings
- Enjoy Life More
Carol Harmer
- Try and Teach The Retail Trader How To Trade Profitably
- Explain That There Are Many Markets To Trade..Creating Missed Opportunities
- Make The Time To Write A Book
Valeria Bednarik
- Go back to the basics
- Write a book
- Finish my house
Joseph Trevisiani
- Stop Being Reflexively Contrarian
- Remember that in Writing the Hardest Part is Starting
- Give More of Myself
Kathleen Brooks
- Stop trying to make the market fit my strategy
- Stay disciplined
- Join the community
Navin Prithyani
- Setup technological platforms to allow others to duplicate my trades
- Setup a branch of my firm in Toronto, Canada
- Get more media attention for my firm
Ilian Yotov
- Enjoy another year with my family
- Launch my new currency management company AIMfx
- Expand my efforts to grow personal philanthropy and inspire others
Dr. S. Sivaraman
- Develop more strategic trading techniques and fine tune market reading
- Create more awareness among traders about reality of forex market
- Try and develop more patience and perseverance
David Pegler
- Be More Available
- Don’t underestimate funny money
- Enjoy trading again
Bradley Gilbert
- Make our professional training package more accessible for all traders.
- Increase our FUM to $25 Million
- Open our Asian headquarters in Beijing
Tarik Chebib
- Trust your gut feeling
- Understand the drivers of the US economy better
- Diversify my goals again
David Cooney
- Finalise the Financial Conduct Authority (FCA) regulation process for MahiFX
- Finish my fixed wing instrument rating
- Figuring out a remedy for the daily 5 AM wake-up call courtesy of my four-year-old daughter
Matt Simpson
- Gauge market sentiment using fundamental information
- Improve Efficiency
- Increase Exercise
James Stanley
- Don’t manage every position aggressively
- Avoid the Noise
- Be more balanced
Editors’ Picks
EUR/USD struggles for direction amid USD gains
EUR/USD is trimming part of its earlier gains, coming under some mild downside pressure near 1.1730 as the US Dollar edges higher. Markets are still digesting the Fed’s latest rate decision, while also looking ahead to more commentary from Fed officials in the sessions ahead.
GBP/USD drops to daily lows near 1.3360
Disappointing UK data weighed on the Sterling towards the end of the week, triggering a pullback in GBP/USD to fresh daily lows near 1.3360. Looking ahead, the next key event across the Channel is the BoE meeting on December 18.
Japanese Yen bulls have the upper hand as hawkish BoJ outlook offsets risk-on mood
The Japanese Yen remains on the back foot through the early European session on Friday, though it lacks bearish conviction amid hawkish Bank of Japan expectations. Traders have been pricing in the possibility that the BoJ will hike interest rates as early as next week.
Editors’ Picks
EUR/USD struggles for direction amid USD gains
EUR/USD is trimming part of its earlier gains, coming under some mild downside pressure near 1.1730 as the US Dollar edges higher. Markets are still digesting the Fed’s latest rate decision, while also looking ahead to more commentary from Fed officials in the sessions ahead.
GBP/USD drops to daily lows near 1.3360
Disappointing UK data weighed on the Sterling towards the end of the week, triggering a pullback in GBP/USD to fresh daily lows near 1.3360. Looking ahead, the next key event across the Channel is the BoE meeting on December 18.
Gold losses momentum, challenges $4,300
Gold now gives away some gains and disputes the key $4,300 zone per troy ounce following earlier multi-week highs. The move is being driven by expectations that the Fed will deliver further rate cuts next year, with the yellow metal climbing despite a firmer Greenback and rising US Treasury yields across the board.
Litecoin Price Forecast: LTC struggles to extend gains, bullish bets at risk
Litecoin (LTC) price steadies above $80 at press time on Friday, following a reversal from the $87 resistance level on Wednesday. Derivatives data suggests a bullish positional buildup while the LTC futures Open Interest declines, flashing a long squeeze risk.
Big week ends with big doubts
The S&P 500 continued to push higher yesterday as the US 2-year yield wavered around the 3.50% mark following a Federal Reserve (Fed) rate cut earlier this week that was ultimately perceived as not that hawkish after all. The cut is especially boosting the non-tech pockets of the market.
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What Are the 10 Fatal Mistakes Traders Make
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The challenge: Timing the market and trader psychology
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