by Kirk Norwood | Feb 9, 2009 | Topics To Study
If you want to have a chance of being profitable in the currency market you will need to learn to identify the trend and trade with the trend. People fighting the trend and trying to pick tops and bottoms of movements lose a great deal of money. They...
by Kirk Norwood | Dec 8, 2008 | Disciplined Trader Series, Planning A Trading Career, Topics To Study
The first tool is your trading system or the methodology you use to enter an exit the market, your trading system. You need to be very good at the trading system before you can enjoy any success as a trader. Once you have mastered your trading system it is like...
by Kirk Norwood | Nov 18, 2008 | Topics To Study, Trading Strategies, Trading Tips
In the following illustrations you will see the equity level change and the Margin Level % change. There are several views of the change in a positive direction and one view with a negative direction. The Margin Level % is calculated by dividing the equity by...
by Kirk Norwood | Nov 6, 2008 | The Disciplined Forex Trader, Topics To Study
This is a cool newsletter about hedging. This is the same way we feel. Thought you would like it also. Question of the Month: What is hedging, Rob? How can it get me closer to my dreams of poverty? The GotForex Weekly Newsletter by Rob Booker If you like...
by Kirk Norwood | Sep 24, 2008 | Inside The Trader's Mind, Planning A Trading Career, Topics To Study
When I first started trading and heard about hedging I thought it was a great idea. Since then it has been a nightmare on a few occasions until I stopped using that trading method. The only way I have been able to trade out of a hedge was when it was small, less...
by Kirk Norwood | Aug 22, 2008 | Emotions, Inside The Trader's Mind, Money Management, The Disciplined Forex Trader, Topics To Study
When a trader first starts to trade there are many things to learn like: 1.   How to use the platform 2.   Which trading style I should use 3.   Which indicators should I use 4.   What time frames best meet my life schedule 5.   How much money...
