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...
by Kirk Norwood | Jun 26, 2008 | Trading Strategies, Trading Tips, Types of Traders
We hear the pros and cons of trading short term vs. long. If a traders wants to sit in front of their computer for long hours day after day then they can trade short term. If traders love to trade and want to have a life in addition to trading they should look at...
by Kirk Norwood | Jun 16, 2008 | Trading Tips, Types of Traders
I was talking to another trader about what a currency pair was setting up to do. We both came to the same conclusion. We were waiting for the 4 hour chart to create its next candle to see what the market was saying. What we were looking for was the...
by Kirk Norwood | Apr 17, 2008 | Planning A Trading Career, The Disciplined Forex Trader, Types of Traders
Your success as a Forex trader is measured primarily by your commitment to studying the markets, learning trading signals, being patient, and waiting until good trades make themselves known. It is also important to manage your money by the amount of lots you trade and...
by Kirk Norwood | Mar 26, 2008 | Types of Traders
We talk a lot about trading in the direction of the trend on the 4-hour chart. That is still one of the key elements of successful trading. It is not only important to follow the trend but you should be aware of a strong trend vs. a weak trend. This can be...
by Kirk Norwood | Mar 17, 2008 | Trading Strategies, Types of Traders
Much time can be spent reviewing charts, reading and listening to the news, and looking at numerous indicators and signals before entering or exiting a trade. That method is tiring and mind-boggling. After years of trading and talking to other traders there is a...
