by Kirk Norwood | Nov 21, 2008 | Demo Trading Series, Inside The Trader's Mind
We are about to begin a 10 post series that we are really excited about. In this series we will go over the importance of demo trading as part of a traders educational process. We will release one post on it for the next 10 tens. Demo trading should not be taken...
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 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 14, 2008 | Inside The Trader's Mind, The Disciplined Forex Trader
The following is an article by Norman Hallett of Subconscious Training Corporation, it is about why we are or want to be traders. There are some very thought provoking questions asked. We would suggest that you ask yourself these questions. It should help you...
by Kirk Norwood | Oct 1, 2008 | Inside The Trader's Mind, The Disciplined Forex Trader, Types of Traders
Here are some thought by some of the best stock traders. Good trading principles apply in all markets. Also, everyone who is truly interested in Forex should read as widely as possible. Jesse Livermore: The World’s Greatest Stock Trader by Richard Smitten 1. Don't...