January 12th, 2009
Be a Trading Machine (23 of 26)
Written by
Kirk |
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- Two Big Trading tools (1 of 26)
- You get paid to wait (2 of 26)
- Chasing the Market (3 of 26)
- Always Scale Back When You are Trading Poorly (4 of 26)
- Never Turn a Winner into a Loser (5 of 26)
- Keep things in perspective (6 of 26)
- Develop a trading plan and Stick with it (7 of 26)
- Develop Your Own Style (8 of 26)
- Be Able to Trade Another Day (9 of 26)
- Develop the Skills to Trade Bigger (10 of 26)
- Stop The Pain Close the Losing Trades (11 of 26)
- The First Loss (12 of 26)
- Don’t Turn Your Trades into Religious Trades (13 of 26)
- Don’t Worry About the News (14 of 26)
- Speculators Always Lose (15 of 26)
- Become Good at Losing (16 of 26)
- Use Time to Monitor the Loss of a Trade (17 of 26)
- Only take little losses (18 of 26)
- The Money Pile (19 of 26)
- How to Hit a Homerun (20 of 26)
- Confidence & Control (21 of 26)
- Know When to Hold ‘em Know When to Fold ‘em (22 of 26)
- Be a Trading Machine (23 of 26)
- Be a Trade Taker Not a Trade Watcher (24 of 26)
- The Market Thinks All Traders Are The Same (25 of 26)
- The Market Does Not Care If We Win Or Lose (26 of 26)
If you have ever been around or seen manufacturing you know that the machines do the same thing all day long over and over again. Each machine is good at what it does and if you ask a filling machine to put on the lid or make a cut it does not work. Traders are good at certain things. Find out what you are good at and keep doing it over and over again. Day after day trade after trade. Have you ever watched a bricklayer? They shows up for work every day of their working life and executes with the same methodology. Brick by brick by brick. The same consistency applies to traders, as well.
Tags: advice, consistency, forex trader, forex trading career, Machine, tips, trading forex, trading strategy
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