by Kirk Norwood | Jul 30, 2008 | Inside The Trader's Mind, Money Management, Planning A Trading Career, Trading Tips
Trading is all about making money. If you are doing it for any other reason then you are doomed for failure. You need to trade from good old mechanical thinking, which is a mark of a good trader. You get a signal you make a trade you get another signal you exit a...
by Kirk Norwood | Jul 29, 2008 | Uncategorized
Everyone needs to find the time of day that is best for them be it emotionally, time restraints, or alertness (when you are not tired of fatigued). Once you find that magic time for you then build your trading around your schedule not what works for others. Once you...
by Kirk Norwood | Jul 28, 2008 | Inside The Trader's Mind, Money Management, Planning A Trading Career, The Disciplined Forex Trader, Trading Strategies, Trading Tips
If you take trading seriously you will think of trading as a business. Not just a hobby, or a way to get a quick rush, or a way to escape life’s problems, or a way of spending some of your extra time. You can think of trading, as a lot of things but to make the big...
by Kirk Norwood | Jul 25, 2008 | Inside The Trader's Mind, Money Management, Planning A Trading Career, Topics To Study, Trading Strategies, Trading Tips
You are responsible for your success or failure as a trader. You’re in charge of your trading, not the platform, not your broker, not your trading group Just you. If something goes wrong you are the one that has to figure what to do to get out of any given...
by Kirk Norwood | Jul 24, 2008 | Inside The Trader's Mind, Money Management, Topics To Study, Trading Strategies
By seeing a trade develop you can see in your mind a win or a loss. Also in the markets can be seen what self-destructive behavior may impair your trading. When the price is moving in front of you, you start to anticipate what the market will do. When traders enter...
