by Kirk Norwood | Feb 22, 2008 | Trading Tips
I hope you all enjoy this valuable tip and have a great weekend. Happy Friday! When doing market analysis, be sure to determine the general trend of the market first. To do this I use the 4 hour chart. I heard early in my trading career to always trade in the...
by Kirk Norwood | Feb 21, 2008 | Trading Strategies, Types of Traders
Hi everyone. I've been getting a lot of questions about when, how and even if you can profitably trade the news, so I decided to write this post to hopefully answer all those questions. It's kind of long but I think you will benefit from it. Many times the big pip...
by Kirk Norwood | Feb 20, 2008 | Trading Tips
Hi everyone, I hope everyone is doing well and trading smart. The tip that I am offering today has helped me tremendously! Enjoy. You can minimize your losses by starting out small and adding on to the trade once it is going in your favor. When you do lose, you lose a...
by Kirk Norwood | Feb 15, 2008 | Trading Tips
One of the most simple but costly mistakes many traders make is by rushing into a trade. Meaning, they made a trade where they didn't want, trading the wrong currency pair, bought instead of sold, etc... Double check your trading plan, the order entry buttons, the...
by Kirk Norwood | Feb 11, 2008 | The Disciplined Forex Trader
It is a wise thing to establish your trading plans before you start to trade live. For example, you should ask yourself these crucial questions: What entry and exit signals will I use? What are my rules for money management? (how much will I risk per trade) What time...
