October 31st, 2008

Positive Mental Attitude

There was a man who took journey in the wilderness with his family to find a new place to live in peace and freedom.  They had to hunt and gather for food.  To survive on this trek they were on.  One day while hunting his bow broke.  This posed a serious problem.  No bow, no [...]

October 30th, 2008

Why Do You Do What You Do?

"There are two things that I want you to make up your minds to: first, that you are going to have a good time as long as you live – I have no use for the sour-faced man – and next, that you are going to do something worthwhile, that you are going to work [...]

October 29th, 2008

Over Coming Discouragement

I have found myself in this boat more than once in my life!  I guess I could say I am no stranger, to pit falls and short comings in my plan to push for success in my life.  (Note: I am not only referring to trading but to life.)  Let’s face it folks  discouragement happens, [...]

October 28th, 2008

Setting Sail Without A Plan Is A Sunken Ship!

Every mariner knows that he must plan his voyage in advance in every detail.  He must determine what currents will take him to his destination.  What current conditions will be present or possible during the voyage.  What supplies he will stock his ship with.  Who his crew will be and what skills sets they bring [...]

October 27th, 2008

Staying On the Fresh Trail

I heard a very interesting story this weekend from a very good friend of mine while sitting around a late autumn campfire.  He told of a time when he was younger and was on a mountain lion hunt in southern Utah.   The group had chased two large cats down into a canyon.  From his vantage [...]

October 24th, 2008

Why You May Fail Going From Demo to Real

I read this article and totally agree. I thought it provide some unique insight that would be beneficial. It was written by Trader V I found it on ForexFactory.com.  I do not know his real name.  The post is in his words.
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I posted this in another thread and many thought it was valuable information and [...]

October 23rd, 2008

Trading With or Without Indicators

Everyone has a preference of how to trade and what works for them.   I find it interesting when others say this is the best way or that is by far the only way to trade.  I know traders that use only price action to trade with.  We all know traders that only use indicators.    My [...]

October 22nd, 2008

How Important Is Trading Experience? Or How Do I Get Trading Experience?

We will all miss some trading opportunities – due to holidays, sicknesses, errands, personal matters, work, etc – We rarely go over the charts and pick “what-would-have-been” trades.  Although we do, thought, go over the trades we did make and see what we did right and what we did wrong. This is what a Trading [...]

October 21st, 2008

Traders Don’t Change Because…Traders Can Change If…

I came across a couple of quotes I want to share with you:
“Wall Street never changes, the pockets change, the suckers change, the stocks change, but Wall Street never changes, because human nature never changes” Jesse Livermore
“In order to make a success, the trader must act in a way to overcome the weak points that [...]

October 20th, 2008

Time And Dedication

There are many things you need, to be able to trade the forex market but there are two things that are a must before you will have lasting success.  These are TIME and DEDICATION.
You will start to develop good trading skills once you put in the proper amount of time and decide you will never [...]

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