by Kirk Norwood | Apr 2, 2009 | Trading Strategies
We have all had trades where we did everything right, we entered based on good signals, our stops were placed, we new how we were going to exit the trade at a profit, the trade started out positive then turned and headed against us. In order to follow our...
by Kirk Norwood | Mar 27, 2009 | Topics To Study, Trading Strategies
Traders can get caught up in thinking that shorter time frames can reduce risk. They think they can get out of bad trades sooner but they also get out of good trades sooner. If a trader is looking at the smaller time frames like the 1- and 5- minute they will...
by Kirk Norwood | Mar 25, 2009 | Trends
Trading the trend can be profitable, that is if you can identify the trend in a timely manner and then manage the risk along the way. The good thing is that trading the trend can apply to any currency pair or time frame. Here is some more good information...