by Kirk Norwood | Feb 23, 2009 | Topics To Study
There are two problems: one: figuring out a trend has ended and two: admitting that it has actually ended. Too many traders will stay in a trade thinking it will go on forever or say I will get out at the next move. They have a profit of $100 and will not...
by Kirk Norwood | Feb 20, 2009 | Topics To Study
One of the most effective uses of a trend is to enter a small position when a trend has developed or is developing. When other signals present them selves add onto the trade until there is an exit signal. There are a couple of ways this can be done; One...
by Kirk Norwood | Feb 18, 2009 | Topics To Study
One thing that needs to be stressed is that a chart in the market is the same whether it's a 5-minute chart or a daily chart. If you could not see the numbers on a chart it would be hard to tell which time frame you are looking at. All charts have the same...
by Kirk Norwood | Feb 17, 2009 | Inside The Trader's Mind, Topics To Study, Trading Tips
This can be easy once you know what to look for. Your search of how to determine what a trending market is, can take a lot of time and experience but with the right instructions you can find it very quickly. A choppy, or flat market is hard to...
by Kirk Norwood | Feb 13, 2009 | Topics To Study
Would you like to learn a simple technique to determine whether or not the market is really trending? How many times have you been fooled by your Stochastics or RSI indicators? How many times have you sold because your oscillators were screaming overbought then...
by Kirk Norwood | Feb 11, 2009 | Topics To Study
The market trends only about 25-30% of the time so when it does start to trend a trader needs a way to identify the trend. By being able to identify the trend a trader can always be on the right side of the trend and increase the chances of successful...
