by Kirk Norwood | Dec 29, 2009 | Disciplined Trader Series, Trading Strategies
Having worked with thousands of traders over the last 5 years... one thing is obvious... Most traders have a good enough trading system to make money and the reason they DON'T is that they lack solid trading discipline. The traders that succeed in trading do the...
by Kirk Norwood | Nov 4, 2009 | Disciplined Trader Series, Emotions, Inside The Trader's Mind, The Disciplined Forex Trader, Trading Strategies
We have summarized the comments of 4 traders about being a more disciplined trader. A day traders comments: He is a consistent trader his accuracy was good but would have a blow up one day a month and lose a lot of what he had made. When he realized that being right...
by Kirk Norwood | May 11, 2009 | Trading Courses, Trading Strategies, What Trading Really Is- Series
Click here for Post Nine of ‘What Trading Really Is’ Series A trader must see the big picture in trading to survive and prosper. If you only look at the small time frames you are only seeing the foothills of a tall mountain. It is...
by Kirk Norwood | Mar 31, 2009 | Trading Strategies, Trading Tips
Here are some tips for making sure you come out ahead in your trading account so you are not wondering what happened to your money. These tools are over looked by many new traders. After looking at some of the differences between the successful traders and...
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...
