by Kirk Norwood | Dec 3, 2009 | Emotions, Inside The Trader's Mind, Planning A Trading Career, Trading Strategies
Have you stopped lately and thought back as to why you are trading. Or do you need to stop and figure out why you want to get into trading in the first place? Is it to build capital or is it to trade full time to replace your income, or for some extra income? WHY DO I...
by Kirk Norwood | Nov 17, 2009 | Entry Signals, Exit Signals, Jump Start, Launch Pad, Planning A Trading Career, Trading Program, Trading Strategies
Question: Your site looks great and seems very informative. I was wondering what the difference is between the Jump Start and Launch pad system that costs money? I’m sure there is value in spending the money on the system, I am just looking for some more details....
by Kirk Norwood | Apr 1, 2009 | Planning A Trading Career, Trading Strategies
Here are some examples of Currency Trading Insurances: 1. Use a stop Loss 2. Only trading a small set % or your account 1%, 2%, 3%, 5% on any one trade 3. Only trading a total amount of your account at any one time. 5%, 10% … your choice...
by Kirk Norwood | Mar 31, 2009 | Planning A Trading Career, The Disciplined Forex Trader, Trading Strategies
Question: How much starting capital do I need to trade with (can I start with a small amount and work my way up)? Answer: There are several schools of thought on this. Some say you have to have at least $10,000 to start and it would be better if you have...
by Kirk Norwood | Mar 6, 2009 | Forex Brokers, Planning A Trading Career
Click Here for Previous Post ... This article is a continuation from a previous post from Darkstar at Forex Factory Market Structure: Now that we have established why the market exists, let’s take a look at how the transactions are facilitated: The top tier of the...
by Kirk Norwood | Jan 12, 2009 | Disciplined Trader Series, Planning A Trading Career
If you have ever been around or seen manufacturing you know that the machines do the same thing all day long over and over again. Each machine is good at what it does and if you ask a filling machine to put on the lid or make a cut it does not work. Traders are...