by Kirk Norwood | Aug 12, 2008 | Planning A Trading Career, Topics To Study, Trading Strategies, Trading Tips
Having two or more versions of the trading platform can be helpful by putting different accounts or charts on each platform then watching both at the same time on different monitors (if you have two monitors). This way it is easier to track more stuff and have...
by Kirk Norwood | Aug 7, 2008 | Uncategorized
We all have reason why we enter and exit trades. But what if the market has changed and the reasons are no longer valid as to why we entered a trade. The best line of thinking we have found is: once the reasons have changed as to why you got into a trade it is...
by Kirk Norwood | Aug 4, 2008 | Inside The Trader's Mind, Trading Strategies
There are traders that make livings by making large gains with large losses. Then there are traders that make a living with small gains and small losses. Which ever style a trader uses they must be aware of what they are doing and keep the size of the wins and the...
by Kirk Norwood | Aug 1, 2008 | Inside The Trader's Mind, Trading Tips, Types of Traders
There are traders that lose money month after month, and the reason is that they always rush into trades without studying them carefully and seeing which way the trend is going or waiting for any sort of retracement before entering the trade. They see a breakout on a...
by Kirk Norwood | Jul 31, 2008 | Emotions, Inside The Trader's Mind, Money Management, Planning A Trading Career, The Disciplined Forex Trader, Topics To Study, Trading Strategies, Trading Tips
A trader must see the big picture in trading to survive and prosper. If you only look at the small time frames you are only seeing the foothills of a tall mountain. It is necessary to look at the larger time frames and trade in the direction of the larger trend....
