by Kirk Norwood | Nov 21, 2008 | Demo Trading Series, Inside The Trader's Mind
We are about to begin a 10 post series that we are really excited about. In this series we will go over the importance of demo trading as part of a traders educational process. We will release one post on it for the next 10 tens. Demo trading should not be taken...
by Kirk Norwood | Nov 20, 2008 | Emotions, The Disciplined Forex Trader
If you talk to enough traders you will find that most traders can make money in the currency market. The big issue is that most traders cannot keep what they make. We might think it would be easy to hang onto the money because we made the money while trading but...
by Kirk Norwood | Nov 19, 2008 | Trading Strategies
The inspiration for this article came from the famous football coach Vince Lombardi. Put your faith in the basics. You don’t have to have great entries and exits but you do have to have good money management. Good money management will win more often than not...
by Kirk Norwood | Nov 18, 2008 | Topics To Study, Trading Strategies, Trading Tips
In the following illustrations you will see the equity level change and the Margin Level % change. There are several views of the change in a positive direction and one view with a negative direction. The Margin Level % is calculated by dividing the equity by...
by Kirk Norwood | Nov 17, 2008 | Trading Strategies
In this article from gotforex.com’s newsletter you will find out how to handle some of the frustrations of having a loosing trade. QUESTION OF THE WEEK: I'm riding a losing trade. What should I do? by Corbin Layton and Rob Booker Have you ever said to yourself,...
