April 29th, 2008

Prepare to Trade with Study

Effective traders are always working to improve their knowledge and abilities.  Although you will not use all you know on each trade, increased knowledge will build your trading skills and ability to trade your own beliefs about the market.  You will know you are using the material you have learned when you: Seek to follow [...]

April 28th, 2008

When To Trade With Real Money

When did the training wheels come off the bike?  When does the parent let the new driver go solo?  When can the new pilot fly solo?  When does a trader start to use real money?  The answer to these questions will be different for everyone. One of the first things in each of these examples [...]

April 25th, 2008

NEVER Stop Practice Trading

It is a well known fact that if you take time away from your skill, it takes a bit of concentration and practice to get back on top of your game.  Professional athletes have to work hard on their skills to get back to peak levels of performance after the off season.  The same thing [...]

April 24th, 2008

Trade With Patience, What Are You Waiting For?

I see too many people that think they can jump right in and pull off what those who have been doing for years and took month upon month of practice to obtain. Patience is the one ingredient that is missing in most trading plans, strategies and systems. Greed takes over and they catch the fever…it [...]

April 23rd, 2008

Learning by Study and Practice

You CAN learn to trade in the currency market. If you want it badly enough and stick with it you can learn how to trade. Being able to trade does not come over night. It takes a lot of study and practice. Learning to trade is also a process of studying, practicing, visualizing, and waiting. [...]

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