by Kirk Norwood | Jan 20, 2009 | Inside The Trader's Mind, Money Management, The Disciplined Forex Trader
When we first start trading all of us have big dreams of how much money we will be making. We dream of the new life we will be having. All the places we will travel to and the things we will have. What happens to those dreams? Many of us are so excited to get...
by Kirk Norwood | Jan 14, 2009 | Inside The Trader's Mind, The Disciplined Forex Trader
Each day when we start to trade we have a chance to win or lose. The deterring factor is how we play the game. How we have prepared ourselves physically, mentally, and emotionally. Did we sleep well, did we eat well, and are we in harmony with those...
by Kirk Norwood | Jan 8, 2009 | Disciplined Trader Series, Inside The Trader's Mind, The Disciplined Forex Trader
Knowing you can do it BUILDS CONFIDENCE AND CONTROL. How nice would it to be to turn on your computer in the morning knowing that if you play by the Rules, trade with discipline and stick to your methodology, the probability of a successful day is high. Knowing...
by Kirk Norwood | Dec 31, 2008 | Disciplined Trader Series, Inside The Trader's Mind, Money Management, Planning A Trading Career, The Disciplined Forex Trader, Trading Strategies, Types of Traders
We get a lot of questions and comments about what this means. You should know by now that you will lose sometimes when trading. That does not mean you will lose all of your account unless you use poor money management techniques or none at all. It...
by Kirk Norwood | Dec 19, 2008 | Disciplined Trader Series, Inside The Trader's Mind, Planning A Trading Career
You always want to be able to trade another day. If you really want to trade then you should never put yourself in the position where you have lost your trading capital. One of the most frustrating feelings is when you want to trade and you can’t because...
by Kirk Norwood | Dec 12, 2008 | Disciplined Trader Series, Emotions, Inside The Trader's Mind, Trading Tips
Have you ever done let a winner turn into a loser? We all probably have especially in the beginning of our trading careers. This is one of the first steps in learning how to manage a trade and use good money management techniques. When you let a...
