by Kirk Norwood | Apr 8, 2008 | Emotions, The Disciplined Forex Trader
In a number of my blog posts I have suggested to keep emotion out of your forex trading. However, I would dare say that it is impossible to trade without emotion. Then again, I also believe that by using good money management practices one can lessen the negative...
by Kirk Norwood | Apr 7, 2008 | Entry Signals, Exit Signals
One thing I see Forex traders do is over trade their account. They may put on a few lots to start with, then they will put a few more lots on hoping that the market will come back for them. They do not even use a stop loss to protect their capital, they just put on...
by Kirk Norwood | Apr 5, 2008 | Jump Start
Alright readers, we have some bad news and we have some good news. Which do you want to hear first? Starting with the bad allows us to end on a good note, so let's start with the bad! We regret to inform you that we will be removing 5 videos from the Jump Start video...
by Kirk Norwood | Apr 4, 2008 | Emotions, The Disciplined Forex Trader
When we have, we want more, and when we have not, we want more. Greed can be caused by both success and failure. When we have some good trades we get in a mindset that the trend will go on forever so we do not get out of the market. We try to get that last pip, but it...
by Kirk Norwood | Apr 2, 2008 | Money Management, Trading Tips
One of the first things I was taught when I started trading was how to increase my trading by 100% in ten minutes. There were several parts to this formula but the one I want to talk about here is the stop loss. We all need to give the market a chance to breathe. The...
