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 20, 2008 | Emotions, The Disciplined Forex Trader
If you talk to enough traders you will find that most traders can make money in the currency market. The big issue is that most traders cannot keep what they make. We might think it would be easy to hang onto the money because we made the money while trading but...
by Kirk Norwood | Nov 5, 2008 | Emotions, The Disciplined Forex Trader
What I have seen that is a problem in this day and age and especially in the trading world is the addictive pattern many find themselves in called “chasing Moby Dick”. This is a plague that gets more people in trouble than any other trading...
by Kirk Norwood | Oct 31, 2008 | Emotions, The Disciplined Forex Trader
There was a man who took journey in the wilderness with his family to find a new place to live in peace and freedom. They had to hunt and gather for food. To survive on this trek they were on. One day while hunting his bow broke. This posed a...
by Kirk Norwood | Oct 30, 2008 | Emotions, The Disciplined Forex Trader
"There are two things that I want you to make up your minds to: first, that you are going to have a good time as long as you live - I have no use for the sour-faced man - and next, that you are going to do something worthwhile, that you are going to work hard and...
by Kirk Norwood | Oct 29, 2008 | Emotions
I have found myself in this boat more than once in my life! I guess I could say I am no stranger, to pit falls and short comings in my plan to push for success in my life. (Note: I am not only referring to trading but to life.) Let’s face it...