April 6th, 2009

Pulling The Trigger To Enter A Trade

A trader may have a problem pulling the trigger to enter a trade for several reasons.  One they are not confident enough with their analysis.  Two they have not done enough demo trading to see the results of a trade.  This is part of the over 100 trades that need to be done in order [...]

February 2nd, 2009

Over View of Multiple Time Frames

When a trader can look at the market from many different time frames he is becoming a better trader.  If a trader only looks at the market from one time frame this will narrow his view of what the market is really doing.  The bigger the picture of the market the better his chances of [...]

December 2nd, 2008

8 of 10: “A Go-for-Broke” Attitude

Awareness # 7- “A Go-for-Broke” Attitude Demo trading can be fun and we believe it definitely has its place when you are learning to trade the Forex markets. It’s also appropriate when practicing your entry and exit signals. BUT trading forex in a demo account is NOT a video game where the entire purpose is [...]

April 9th, 2008

Chasing a Forex Trade

When the Forex market starts to move it is easy to get a rush of adrenaline and the desire to place a trade. I am sure many of us have chased a trade in the early days of trading only to find out that the market turned and came back against us. After a couple [...]

April 7th, 2008

Dollar Cost Averaging

One thing I see Forex traders do is over trade their account. They may put on a few lots to start with, then they will put a few more lots on hoping that the market will come back for them. They do not even use a stop loss to protect their capital, they just put [...]

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