by Kirk Norwood | Feb 24, 2012 | Trading Strategies
Developing a healthy attitude towards losses is a major part of being a successful long term trader. If a trader experience a major loss they may never recover. They might spend the rest of their trading career trying to avoid another great loss rather than going...
by Kirk Norwood | Feb 20, 2012 | Trading Strategies
We all know there is an element of risk when trading the currency market. We also know there is one thing that is certain in the market and that is, its uncertainty. The best way to overcome uncertainty is to learn to deal with it, instead of searching for...
by Kirk Norwood | Feb 17, 2012 | Trading Strategies
The market goes up and it goes down. You would logically think when it goes up I will buy and when it goes down I will sell. The big question is how do you know when it starts to going up and how do you know when it starts to going? When you throw something into the...
by Kirk Norwood | Feb 13, 2012 | Trading Strategies
There are several different ways of looking at entering, managing, and exiting trades. One way is to enter a trade with several lots, then scale out of the trade at different points leaving the last lot on moving the stop to breakeven and then see what happens....
by Kirk Norwood | Feb 10, 2012 | Trading Strategies
The whole concept is to learn how to find high probability trades then move to larger time frames to make more money. There are two basic steps: 1. Find the trend on a larger time frame 2. Time your entry on a smaller time frame Trend           ...
