by Kirk Norwood | Mar 28, 2008 | Planning A Trading Career, The Disciplined Forex Trader
Have you ever eaten so much of your favorite food that you were sick? Have you ever participated in your favorite activity for so long you needed a break? Have you ever been away from home for so long you couldn’t wait until you could get home? The point is we...
by Kirk Norwood | Mar 21, 2008 | Planning A Trading Career, The Disciplined Forex Trader
How many trades do you have to make to determine what you are dong right or wrong? If you do not keep a trade journal there is no telling how long it might take to uncover a good trading skill or a destructive trading habit. There are many people that just keep...
by Kirk Norwood | Jan 31, 2008 | Planning A Trading Career
"Plan your work and work your plan." I remember seeing this phrase and remembering how vital it is, especially in the forex market. It can be tempting to jump out of your game plan once in a while. If you get in a habit of trading by the cuff you will most likely lose...
by Kirk Norwood | Jan 30, 2008 | Money Management, Planning A Trading Career, Trading Strategies
When you trade with a plan, it will be easier for you to reach some realistic goals. When you start to trade you need to focus on becoming a consistent trader and learn some good trading rules. Don’t try to make money. Learn to make pips and the money will come....
by Kirk Norwood | Jan 18, 2008 | Money Management, Planning A Trading Career, Trading Courses
When you are just starting out, be a small trader. Even if you have a lot of risk capital you should start out with a mini account. At this time you need to learn the industry and it's terminology, the way your brokers does things, the way the platform works, how to...
by Kirk Norwood | Jan 4, 2008 | Money Management, Planning A Trading Career, The Disciplined Forex Trader, Trading Strategies, Trading Tips
Have you ever stopped to think why the trading techniques that work for the world's best trading gurus aren't working for you? Why can they achieve substantial gains while you're left in the dust? What do they know that you don't? In reality, they know a lot of things...
