by Kirk Norwood | Nov 26, 2008 | Demo Trading Series, Emotions, The Disciplined Forex Trader
Awareness # 3- NO-RISK Control Examples of no risk control are: jumping out of an airplane at 10,000 feet without a parachute, going scuba diving without air in your tanks, or going bungee jumping with out a bungee cord. Trading with out any risk control will have...
by Kirk Norwood | Nov 25, 2008 | Demo Trading Series, The Disciplined Forex Trader
Awareness # 2- Let’s See What Happens Trading There is NO penalty for just putting on any trade at any given time in a demo account. Because there is no penalty when demo trading a trader can fall into the habit of not putting on a stop loss, not managing...
by Kirk Norwood | Nov 24, 2008 | Demo Trading Series, The Disciplined Forex Trader
Awareness #1- Trading The Big Dollar Moves When trading, how does a trader know which move is going to be the big move. They don’t. Trying to catch the big trades alone to get rich quick is a destructive habit. A trader should take all good signal trades. By...
by Kirk Norwood | Nov 21, 2008 | Demo Trading Series, Inside The Trader's Mind
We are about to begin a 10 post series that we are really excited about. In this series we will go over the importance of demo trading as part of a traders educational process. We will release one post on it for the next 10 tens. Demo trading should not be taken...
