by Kirk Norwood | Apr 1, 2008 | Planning A Trading Career
Don’t fall for one. One of the first things you must learn about the Forex market is that although it is enjoyable and exciting, there is no magic button that will instantly turn your pennies into millions of dollars. There are companies purposely misleading...
by Kirk Norwood | Mar 31, 2008 | Trading Tips
This video was about a conversation I had with another trader. After talking to him I looked at my charts on the longer time frames and could see that it would be best to wait for better signals before entering a trade. When the whole picture unfolded you can see what...
by Kirk Norwood | Mar 28, 2008 | Planning A Trading Career, The Disciplined Forex Trader
Have you ever eaten so much of your favorite food that you were sick? Have you ever participated in your favorite activity for so long you needed a break? Have you ever been away from home for so long you couldn’t wait until you could get home? The point is we...
by Kirk Norwood | Mar 27, 2008 | Trading Strategies
To buy and hold a mutual fund, stocks, or bonds is a common practice. To buy and hold a currency is not as common even though it can be done. When a trader or investor buys and hold, they are usually looking for more than one type of income. Not only the appreciation...
by Kirk Norwood | Mar 26, 2008 | Types of Traders
We talk a lot about trading in the direction of the trend on the 4-hour chart. That is still one of the key elements of successful trading. It is not only important to follow the trend but you should be aware of a strong trend vs. a weak trend. This can be...
