by Kirk Norwood | May 5, 2008 | Planning A Trading Career, The Disciplined Forex Trader
This check list helps to keep me on target I would suggest you refer to it on a regular basis. It has helped me throughout my years of becoming a more experienced Forex trader. 1.   I objectively identify my advantages. 2.   I determine the risk of each trade...
by Kirk Norwood | Apr 29, 2008 | Planning A Trading Career, The Disciplined Forex Trader
Effective traders are always working to improve their knowledge and abilities. Although you will not use all you know on each trade, increased knowledge will build your trading skills and ability to trade your own beliefs about the market. You will know you are...
by Kirk Norwood | Apr 28, 2008 | Money Management, Planning A Trading Career, The Disciplined Forex Trader
When did the training wheels come off the bike? When does the parent let the new driver go solo? When can the new pilot fly solo? When does a trader start to use real money? The answer to these questions will be different for everyone. One of the first things...
by Kirk Norwood | Apr 25, 2008 | The Disciplined Forex Trader
It is a well known fact that if you take time away from your skill, it takes a bit of concentration and practice to get back on top of your game. Professional athletes have to work hard on their skills to get back to peak levels of performance after the off...
by Kirk Norwood | Apr 24, 2008 | The Disciplined Forex Trader
I see too many people that think they can jump right in and pull off what those who have been doing for years and took month upon month of practice to obtain. Patience is the one ingredient that is missing in most trading plans, strategies and systems. Greed takes...
by Kirk Norwood | Apr 23, 2008 | The Disciplined Forex Trader
You CAN learn to trade in the currency market. If you want it badly enough and stick with it you can learn how to trade. Being able to trade does not come over night. It takes a lot of study and practice. Learning to trade is also a process of studying, practicing,...
