by Kirk Norwood | Jul 17, 2008 | Emotions, Inside The Trader's Mind, Planning A Trading Career, Topics To Study, Trading Tips, Types of Traders
Over the next couple of weeks we will give you some of our thinking about why we are all different in our trading success. We have been asked what kind of results will we get with your trading system, what percentages of success will I get? Let's look at two...
by Kirk Norwood | Jul 16, 2008 | Planning A Trading Career, Trading Strategies, Trading Tips
While on vacation over the 4th of July 2008 we visited Mt. Rushmore, South Dakota in the black hills. You know the place with the sculptures of the presidents of the USA. As we learned about what it took to make this monument I was amazed. It took years of work for...
by Kirk Norwood | Jul 15, 2008 | Planning A Trading Career, Trading Tips
I have had a few days away from trading. The time has been spent with family and just traveling around the country. We are in Wisconsin right now actually and I thought I would check some email and glance at the charts for a little bit. I had a trade on and was taken...
by Kirk Norwood | Jul 3, 2008 | Planning A Trading Career, Trading Strategies, Trading Tips, Types of Traders
We have heard many complaints from traders about the market being flat, the market is dead etc. Is that the real problem or is it that traders do not know what to look for when the market is going sideways? For new traders it is soon learned that sideways markets are...
by Kirk Norwood | Jul 2, 2008 | Money Management, Planning A Trading Career, Trading Tips
Here are a few reasons when it is unwise to trade With Real Money 1. When the market is moving sideways and there is no real movement of any importance. 2. When you are ill. 3. When you are tired 4. When you are emotionally distracted with other issues. 5. When you...
by Kirk Norwood | Jun 30, 2008 | Planning A Trading Career, The Disciplined Forex Trader, Types of Traders
There are three main trading styles. They are: Day traders      1-5-15 minute time frames Swing traders   30 minute to 4 hour time frames Position traders   1day and longer (These are general rankings for the time frames of the trading styles) Day...
