by Kirk Norwood | May 2, 2008 | Trading Tips
The movement in the currency market around news time is because of the way people perceive what the news is, not what the news actually is. From studying many experienced traders and my own observations, the fundamental movement from the news announcement is impactful...
by Kirk Norwood | Apr 29, 2008 | Planning A Trading Career, The Disciplined Forex Trader
Effective traders are always working to improve their knowledge and abilities. Although you will not use all you know on each trade, increased knowledge will build your trading skills and ability to trade your own beliefs about the market. You will know you are...
by Kirk Norwood | Apr 28, 2008 | Money Management, Planning A Trading Career, The Disciplined Forex Trader
When did the training wheels come off the bike? When does the parent let the new driver go solo? When can the new pilot fly solo? When does a trader start to use real money? The answer to these questions will be different for everyone. One of the first things...
by Kirk Norwood | Apr 25, 2008 | The Disciplined Forex Trader
It is a well known fact that if you take time away from your skill, it takes a bit of concentration and practice to get back on top of your game. Professional athletes have to work hard on their skills to get back to peak levels of performance after the off...
by Kirk Norwood | Apr 24, 2008 | The Disciplined Forex Trader
I see too many people that think they can jump right in and pull off what those who have been doing for years and took month upon month of practice to obtain. Patience is the one ingredient that is missing in most trading plans, strategies and systems. Greed takes...
