by Kirk Norwood | Oct 21, 2008 | Emotions, Inside The Trader's Mind, The Disciplined Forex Trader
I came across a couple of quotes I want to share with you: “Wall Street never changes, the pockets change, the suckers change, the stocks change, but Wall Street never changes, because human nature never changes†Jesse Livermore “In order to make a success, the...
by Kirk Norwood | Oct 20, 2008 | Emotions, Inside The Trader's Mind, Trading Tips
There are many things you need, to be able to trade the forex market but there are two things that are a must before you will have lasting success. These are TIME and DEDICATION. You will start to develop good trading skills once you put in the proper amount of time...
by Kirk Norwood | Oct 17, 2008 | Emotions, The Disciplined Forex Trader
This is an article I ran across a little while ago and I would like to post it here for you to read because I found it describe the journey of a trader very accurately. Unfortunately somewhere between this blog and where I found the article I lost the name of the...
by Kirk Norwood | Oct 16, 2008 | Emotions, Inside The Trader's Mind, Money Management
Here are some reasons why traders lose in the currency market: 1.Traders allow their emotions, greed, hope and assumption to take over their trading. This is probably the most difficult thing for a trader to do is to eliminate those things while in the Forex business....
by Kirk Norwood | Oct 15, 2008 | Emotions, The Disciplined Forex Trader
We have all had bad trades. We are sure that we are not the only traders that have suffered some grief from a trade that went wrong. At least in the beginning of our trading careers before we gained control of our emotions and learn to follow our trading rules. The...
by Kirk Norwood | Oct 13, 2008 | Emotions, Planning A Trading Career, The Disciplined Forex Trader, Uncategorized
We found this post at Forexfactory.com from a member named Neers. We thought it was kind of fun to see where you are in the trading process. When you read this leave a comment as to where you are a Enjoy the post! They are as follows: 1. We accumulate information...