by Kirk Norwood | Dec 18, 2008 | Trading Strategies
Develop your own style don’t try to be like someone else. You have to be comfortable with the way you trade. It is very hard to try and trade like someone else. For example if you get to the point were 50 lots is comfortable to trade do not get...
by Kirk Norwood | Dec 17, 2008 | Disciplined Trader Series, Planning A Trading Career
Develop a trading plan and Stick with it. Do not change your trading plan from day to day Just like a business needs a plan a trader needs a plan. Write down the specific market prerequisites (setups) that must take place in order for you to make a...
by Kirk Norwood | Dec 16, 2008 | Disciplined Trader Series, Money Management
Keep a trade log or journal of your trades for the day or week. If you know that your biggest winner is 50 pips then do not allow a losing trade to be larger than 50 pips. If you do allow a loss to exceed your biggest gain then, effectively, what you have when...
by Kirk Norwood | Dec 15, 2008 | Contests
Whether or not you celebrate Christmas we hope you will join in and benefit from our excitement for the holiday season. We are holding a Christmas contest to bring in the holidays and want to give one lucky participant the chance to learn Forex Trading for free. The...
by Kirk Norwood | Dec 12, 2008 | Disciplined Trader Series, Emotions, Inside The Trader's Mind, Trading Tips
Have you ever done let a winner turn into a loser? We all probably have especially in the beginning of our trading careers. This is one of the first steps in learning how to manage a trade and use good money management techniques. When you let a...
