by Kirk Norwood | Sep 2, 2008 | Emotions, Inside The Trader's Mind, Planning A Trading Career, The Disciplined Forex Trader, Trading Tips
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 | Aug 28, 2008 | Inside The Trader's Mind, Planning A Trading Career, The Disciplined Forex Trader, Trading Strategies
Here are a couple of ideas of how to shorten the learning curve in foreign currency trading. OBSERVE the good trading habits of others. You can get this information from some of    the following areas 1. Personal observation 2. Seminars / webinars 3. Books /...
by Kirk Norwood | Aug 22, 2008 | Emotions, Inside The Trader's Mind, Money Management, The Disciplined Forex Trader, Topics To Study
When a trader first starts to trade there are many things to learn like: 1.   How to use the platform 2.   Which trading style I should use 3.   Which indicators should I use 4.   What time frames best meet my life schedule 5.   How much money...
by Kirk Norwood | Aug 21, 2008 | Inside The Trader's Mind
I was reading an article in e-FOREX magazine. It was talking about a survey that was taken that highlights the activity of the foreign currency market. It said “Did you know that the market in daily Foreign Exchange volume is bigger than those of OTC...
by Kirk Norwood | Aug 20, 2008 | Inside The Trader's Mind, The Disciplined Forex Trader, Trading Tips
There is an old saying that says you should “let your profits runâ€. In regards to this there are two schools of thought. One: this is good advice and it should be followed. Two: it is better to be consistent and follow your system and take several trades out...
by Kirk Norwood | Aug 18, 2008 | Inside The Trader's Mind, Planning A Trading Career, The Disciplined Forex Trader
When studying traders that seem to have it all together learn concepts do not try to copy exact. We want to know what they did and exactly what happened. That is good in trying to learn but do not compare yourself to other people; Just compare yourself to your own...
