April 17th, 2009

When should I trade?

First, the day is split into several sessions. The sessions are most often measure according to EST (GMT-5) or GMT. If you’re on the west coast of America, then you’re dealing with PST (GMT-8). Below are the FOREX sessions. Session                 EST    GMT    PST      Open Tokyo          7PM     0:00     4PM     Asian Session  Tokyo [...]

April 15th, 2009

Proper Self Evaluation

A trader can talk about what it takes to become a good trader but that is not enough. A trader has to be able to give himself or herself a good assessment of what he is doing right and wrong.  A trader not only needs to know how to trade his system he needs to [...]

April 13th, 2009

Failure To Cut Losses Or Take Profits

When a trader can’t pull the trigger to get into or out of a trade it is because they don’t fully understand what it take to be a successful trader.  A trader is gong to lose but he needs to win more than he loses and have the wins larger then the losses.   The object [...]

April 8th, 2009

Answer To Trader Question #9

Question: Using Jump Start about how much time would I have to dedicate on a daily basis to achieve 25 to 30 pips per day (and thus make my daily goal of $100 to $150 per day).   Answer:   This depends on how the market is moving and how many currency pairs you are [...]

April 7th, 2009

Answer To A Traders Question # 8

Question: What is the learning curve for your strategy?  From learning, to practicing, to live trading?   Answer: When you decide to trade for a living the learning never stops.  For each level of our system the learning curve is different for every one.  For Jump Start you should only need a few days to [...]

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