by Kirk Norwood | Dec 10, 2009 | dominating the fear of loss series, Emotions, Indicators, Money Management, Trading Strategies
In this series of thoughts we are trying to point out some things to keep traders in the trading game. The suggestions are not major changes; they are little adjustments to keep you on track. When a trader starts out with a plan, and follows some rules he will be...
by Kirk Norwood | Dec 10, 2008 | Disciplined Trader Series, Indicators, The Disciplined Forex Trader, Trading Tips
Wait for the market to come to you 100% of the time to prove that you are disciplined. If you chase the market then you are not disciplined. If a trader says he waits for trades but anticipate the signals and jumps in the market then he in not a disciplined...
by Kirk Norwood | Oct 23, 2008 | Indicators, Trading Strategies
Everyone has a preference of how to trade and what works for them.  I find it interesting when others say this is the best way or that is by far the only way to trade. I know traders that use only price action to trade with. We all know traders that only use...
by Kirk Norwood | Oct 2, 2008 | Indicators
I was reading an article about a guy who started a computer business when the industry was new and growing. As he grew and was successful he noticed that there were many others doing the same thing. There was no longer anything unique about his company. He...
by Kirk Norwood | Sep 17, 2008 | Indicators, Inside The Trader's Mind, The Disciplined Forex Trader
I was reading a statement by a trader the other day and I found it quite amusing. This is what he says “Lately it just seemed that some folks where hanging out to catch a trade call and make some money.â€Â I am not sure what a trade call is but I was thinking...
by Kirk Norwood | Apr 18, 2008 | Indicators, The Disciplined Forex Trader
Getting paid to wait is a wonderful thing. When a person can control the urge to place a trade the possibilities of making a larger number of pips is greatly increased. Patience is important not only in waiting for the right trades, but also in staying with trades...
