by Kirk Norwood | May 30, 2008 | Money Management, My Trades, The Disciplined Forex Trader
In this video you will see 2 trades I made and how I managed them while using the Jump Start Strategy.
by Kirk Norwood | May 27, 2008 | Money Management, Trading Strategies, Trading Tips
If you are trading on the shorter time frames you have to trade a lot of hours. You are constantly looking at the charts trying to find the right setup to enter.  The trades come and go. They are small so you have to do a lot of trades to make any money. When...
by Kirk Norwood | May 7, 2008 | Money Management, Planning A Trading Career, The Disciplined Forex Trader, Trading Tips
I had a few random thoughts about the market and thought that I would post them as tips below. I hope they can be beneficial and make sense! 1. Best way to manage risk. Always trade with a stop loss. Control the size of your trades-Know the Percent of your account to...
by Kirk Norwood | Apr 28, 2008 | Money Management, Planning A Trading Career, The Disciplined Forex Trader
When did the training wheels come off the bike? When does the parent let the new driver go solo? When can the new pilot fly solo? When does a trader start to use real money? The answer to these questions will be different for everyone. One of the first things...
by Kirk Norwood | Apr 11, 2008 | Money Management, The Disciplined Forex Trader, Trends
There are many Forex traders and thus there are many things that they feel are important to do to manage their money. We have found that the trend is the most important requirement to make money using technical analysis. The tools used to measure the trend are not...
by Kirk Norwood | Apr 2, 2008 | Money Management, Trading Tips
One of the first things I was taught when I started trading was how to increase my trading by 100% in ten minutes. There were several parts to this formula but the one I want to talk about here is the stop loss. We all need to give the market a chance to breathe. The...
