by Kirk Norwood | Apr 7, 2009 | Trading Strategies
Question: What is the learning curve for your strategy? From learning, to practicing, to live trading? Answer: When you decide to trade for a living the learning never stops. For each level of our system the learning curve is different for every...
by Kirk Norwood | Nov 25, 2008 | Demo Trading Series, The Disciplined Forex Trader
Awareness # 2- Let’s See What Happens Trading There is NO penalty for just putting on any trade at any given time in a demo account. Because there is no penalty when demo trading a trader can fall into the habit of not putting on a stop loss, not managing...
by Kirk Norwood | Nov 21, 2008 | Demo Trading Series, Inside The Trader's Mind
We are about to begin a 10 post series that we are really excited about. In this series we will go over the importance of demo trading as part of a traders educational process. We will release one post on it for the next 10 tens. Demo trading should not be taken...
by Kirk Norwood | Oct 16, 2008 | Emotions, Inside The Trader's Mind, Money Management
Here are some reasons why traders lose in the currency market: 1.Traders allow their emotions, greed, hope and assumption to take over their trading. This is probably the most difficult thing for a trader to do is to eliminate those things while in the Forex business....
by Kirk Norwood | Apr 1, 2008 | Planning A Trading Career
Don’t fall for one. One of the first things you must learn about the Forex market is that although it is enjoyable and exciting, there is no magic button that will instantly turn your pennies into millions of dollars. There are companies purposely misleading...