Money Management and Two Trade Examples
In this video you will see 2 trades I made and how I managed them while using the Jump Start Strategy.
May 29th, 2008Which Will Win Greed or Skill?
The currency market has the most leverage of any financial market in the world. You can put in $1 and get $100 of leverage or you might use $1000 and get $100,000 of leverage. This is one of the reasons that makes the currency market so interesting, exciting, and dangerous. A person can get started [...]
May 28th, 2008Systems Will Make You a Better Trader
If you are going to become a better trader you will need to use a system to trade with. You will need to follow a solid set of rules that work and you have back tested. How do you back test? Just by doing the simulated trading you are back testing the trading system. If [...]
May 27th, 2008Long Term Trading vs Short Term Trading
If you are trading on the shorter time frames you have to trade a lot of hours. You are constantly looking at the charts trying to find the right setup to enter. The trades come and go. They are small so you have to do a lot of trades to make any money. When trading [...]
May 23rd, 2008Discussion on Base and Cross Currency Pairs
Wow, what a week! Now that the release of the Launch Pad trading system is winding down, I finally have a moment to take a breather and get back to posting some thoughts and tips. I have had a lot of questions about this topic so I thought I would write about it. Reading a [...]
keep looking »