by Kirk Norwood | Sep 18, 2008 | Money Management
In today's world the question 'Is your money safe?' is a very valid question. We wanted to share with you the latest video from Terry Savage at the MoneyShow.com. We found that it offers some great advice for how to keep your money safe and some great resources to...
by Kirk Norwood | Sep 16, 2008 | Inside The Trader's Mind, Jump Start, Launch Pad, Money Management, The Disciplined Forex Trader
I found this amusing. I was asked to go to this chat forum and see what they were saying about the market. Here are four of the comments I saw. Hi, I join the tread started by ……. and ask you guys the same question about GBPUSD the coming week, any views on...
by Kirk Norwood | Sep 5, 2008 | Money Management, The Disciplined Forex Trader, Trading Tips
I once heard a trader say that after he made some money in his account he would take out the original investment. Then he was only playing with money he didn’t originally have making the losses not hurt as much. It became easier to make money because he had...
by Kirk Norwood | Sep 3, 2008 | Emotions, Money Management, The Disciplined Forex Trader
I just read an interesting article about when to stop trading live and go back to demo trading. Go to demo when you have lost 9% of your account. Trade on the demo account one week for every 2% of your account that you lost. We all know that it is better to have...
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 14, 2008 | Inside The Trader's Mind, Money Management, Trading Tips
We have all been told that we should only trade with money we can afford to lose.  This does not mean to be wild and care free with your trading money. So we do not want to think of our trading account as money you can afford to lose. We just have to know that...
