August 26th, 2009

The One Thing Every Trader Should Have In Their Trading

The One Thing Every Trader Should Have In Their Trading Back on January 17th, 2008, we posted a blog about the 6 things to leave out of the market.  They are: Emotion: Wanting the market to go a certain way. Revenge: Some people think they will get even with the market… Anger: People will get [...]

July 22nd, 2009

Objectivity

Objectivity or "emotional detachment" also depends on the reliability of your system or methodology. If you have a system that provides entry and exit levels that you know have a high reliability factor, then you don’t need to become emotional or allow yourself to be influenced by the opinion of others and outside sources who [...]

May 13th, 2009

THE PIP AUCTION GAME

Here are 4 fail-proof ways to solve the Pip Auction Game problem, and to guarantee that you’re not going to play it again. You have heard this before, and it’s true, but until now you still have not lived by this rule. You should never risk more for pips than they are worth. You should [...]

May 1st, 2009

SIX: You Are In Charge (6 of 10)

Click here for Post Five of ‘What Trading Really Is’ Series You are responsible for your success or failure as a trader.  You’re in charge of your trading, not the platform, not your broker, not your trading group Just you.  If something goes wrong you are the one that has to figure what to do [...]

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 [...]

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