by Kirk Norwood | Feb 13, 2010 | dominating the fear of loss series, Emotions, Money Management, Trading Program, Trading Tips
How much of my account can I lose before I go back to demo trading and review what I am doing wrong. We have heard from 10% to 35% draw down before you should stop trading and analyze what is happening. We lean to the 10% area. You will have to decide what is right...
by Kirk Norwood | Jun 16, 2008 | Trading Tips, Types of Traders
I was talking to another trader about what a currency pair was setting up to do. We both came to the same conclusion. We were waiting for the 4 hour chart to create its next candle to see what the market was saying. What we were looking for was the...
by Kirk Norwood | May 12, 2008 | Jump Start, Launch Pad
Making the change from our Jump Start strategy to our Launch Pad system is easy and gives the material to advance your trading even further. We have heard some concerns though that Jump Start works so well that some aren’t sure if Launch Pad could possibly offer...
by Kirk Norwood | Jan 25, 2008 | Money Management, Trading Tips
When you trade you need the odds in your favor, just like the casinos have the odds in their favor. They know that for every dollar that comes in the door they will keep a percentage of it. It does not have to be much but over time it does add up. Just look at all the...
