October 21st, 2011

A Simple Day Trading Strategy

There are scores of indicators and hundreds of chart patters to compete for your attention in making a trading decision.  With all of this information can you make a quick decision to enter or exit a trade? If not you probably have what is called “analysis paralysis”.  If this is your situation then you need [...]

December 22nd, 2009

A Hole New World; Moving From Demo To Live Trading 2 of 7

Trading is not a natural endeavor for us.  We have no basic skills or understanding of how it works when we first start out.  We have to learn from scratch.  Everyone has to start somewhere.  Some new traders have the all or nothing attitude with little or no training and soon lose some of their [...]

November 17th, 2009

Answer To A Question # 17

Question: Your site looks great and seems very informative. I was wondering what the difference is between the Jump Start and Launch pad system that costs money? I’m sure there is value in spending the money on the system, I am just looking for some more details. Also, can you map out an average day [...]

August 3rd, 2009

4. Develop your core strengths. 4 of 12

Identify the top three compelling strengths, you have uncovered for trading the currency market. Your strengths should be easy to spot. Then make those strengths the core foundation that you use when trading.  You may be good at picking entry points. You may be good at managing the trade once you are in a trade.  [...]

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 [...]

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