by Kirk Norwood | Jan 7, 2008 | Money Management, Trading Tips
When you enter a position you need to also put a stop loss on. You will find out soon that losing is part of trading. When you control your losses then you are also learning to control your profits. You learn to be aware of the market and have a feel for what it is...
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...
by Kirk Norwood | Jan 1, 2008 | Trading Tips, Trends
Happy New Year! This year I hope to help many more people be succesful in the Forex Market. Here is a tip that will help you maximize your profits, if followed correctly. Up market and down market patterns are always present, with one being more dominant than the...
by Kirk Norwood | Dec 28, 2007 | Trading Tips
One of the most profitable and least risky trades is to buy the dips in an up trend and sell the bounces in a downtrend. You may say how do I know when there are dips and bounces? You need to study and find indicators that give you these signals. By putting in the...
by Kirk Norwood | Dec 25, 2007 | Trading Tips, Trends
Merry Christmas! I hope everyone gets to spend this special day with friends and family that they love. My Christmas present for you is an important tip that will help you increase your profit and help you afford more Christmas presents for next year: I see many...
by Kirk Norwood | Dec 24, 2007 | Trading Tips, Trends
Riding the wave is much more rewarding than being hit by it. You need to look at a trend like a wave. Then you need to learn to read the waves just like the surfers do. They can tell when to catch the right wave and when to wait for the next one. Surfers don’t take...