by Kirk Norwood | Aug 29, 2008 | Planning A Trading Career, Types of Traders
Much of a trader’s success has to do with his personality matching up with the trading style he chose. No matter what the approach is you must plan your trades and trade your plans. If not, your strategy is no better than random, and that is hardly a stable...
by Kirk Norwood | Aug 28, 2008 | Inside The Trader's Mind, Planning A Trading Career, The Disciplined Forex Trader, Trading Strategies
Here are a couple of ideas of how to shorten the learning curve in foreign currency trading. OBSERVE the good trading habits of others. You can get this information from some of    the following areas 1. Personal observation 2. Seminars / webinars 3. Books /...
by Kirk Norwood | Aug 25, 2008 | Exit Signals, Trading Tips
A trader can be in a trade that goes down but is only a little against him. He has his stop on at a comfortable level but he knows the trade is wrong but stays in because the stop has not been hit. Since he has not been stopped out he holds on thinking it is a...
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...
by Kirk Norwood | Aug 21, 2008 | Inside The Trader's Mind
I was reading an article in e-FOREX magazine. It was talking about a survey that was taken that highlights the activity of the foreign currency market. It said “Did you know that the market in daily Foreign Exchange volume is bigger than those of OTC...
