by Kirk Norwood | Dec 27, 2011 | Trading Strategies
Decide what your monetary goals are: 1. Devise a trading plan to realize your goals 2. Remember that you have overheads 3. Remember that risk is involved 4. Your target remuneration must be realistic and make allowances for risk 1. Make a trading plan that is short,...
by Kirk Norwood | Dec 23, 2011 | Trading Strategies
There is a cost when learning how to trade. Either you pay for the education through courses and coaching or you pay for the education by losing your money to trial and error. There is power in a sequence or a schedule. Figure out what works for your situation...
by Kirk Norwood | Dec 20, 2011 | Trading Strategies
When most traders start trading they still need to have a source of income while they are learning how to trade. They may use retirement income, full time job income, etc while they learn. The important thing is to have your basic needs taken care of while you are...
by Kirk Norwood | Dec 12, 2011 | Trading Strategies
We know that most traders lose there first trading account in a short period of time because they do not have the trading skills to make and keep the money. They just don't know how to trade. There is a learning curve. We approach the opening of your first trading...
by Kirk Norwood | Dec 8, 2011 | Trading Strategies
One of the biggest problems with traders is trying to mix two or three trading systems together. Each of these strategies may be good in and of them self. But when you try to mix them you run into problems and don't even know it. What we see is someone trying a new...