by Kirk Norwood | Apr 15, 2009 | Inside The Trader's Mind, Mentor's Corner
A trader can talk about what it takes to become a good trader but that is not enough. A trader has to be able to give himself or herself a good assessment of what he is doing right and wrong. A trader not only needs to know how to trade his system he needs to...
by Kirk Norwood | Jan 30, 2009 | Inside The Trader's Mind, Mentor's Corner
Click Here for Part 1 If I may, allow me to verbalize my responses to your questions. 1. Get back to you on this one. 2. I have a tendency to rely upon correlating currencies too much. And, given the current volatility in the markets, correlation is...
by Kirk Norwood | Jan 26, 2009 | Emotions, Mentor's Corner, The Disciplined Forex Trader
I had a marvelous morning Wednesday morning trading the New York open. Traded both the EUR and EURJPY and profited 200 pips, which took my account up to $7,000 profit since Monday night. Then, I let my emotions get to me, and the nerves set in. I went...
