September 7th, 2009

Dodging Bullets 4-4

Dodging Bullets 4-4
(excerpts in this series were taken from the book “The 4-Hour Work Week”  By Timothy Ferris)
“Uncovering Fear Disguised as Optimism”
“There’s no difference between a pessimist who says, ‘Oh, it’s hopeless, so don’t bother doing anything,’ and an optimist who says, ‘Don’t bother doing anything, it’s going to
turn out fine anyway.’  Either way, nothing [...]

September 4th, 2009

Dodging Bullets 3-4

Dodging Bullets 3-4
(excerpts in this series were taken from the book “The 4-Hour Work Week”  By Timothy Ferris)
“Conquering Fear=Defining Fear”
In the last post 2-4 “The Power of Pessimism”  I talked about facing your fears by using a plan of attack and addressing what those fears are that are keeping you in place.
I would like to [...]

September 2nd, 2009

Dodging Bullets 2-4

Dodging Bullets 2-4
(excerpts in this series were taken from the book “The 4-Hour Work Week”  By Timothy Ferris)
“The Power Of Pessimism: Defining the Nightmare”
“To do or not to do? To try or not to try? Most people will vote no, whether they consider themselves brave or not.  Uncertainty and the prospect of failure
can be very [...]

May 8th, 2009

NINE: Balanced Life Trading (9 of 10)

Click here for Post Eight of ‘What Trading Really Is’ Series
 
Trading is all about making money.  If you are doing it for any other reason then you are doomed
for failure.  You need to trade from good old mechanical thinking, which is a mark of a good
trader.  You get a signal you make a [...]

February 25th, 2009

A Fun Question From A Trader

This is a question from a trader that just signed up for Jump Start.  The answer will share our feelings about learning to become a good trader.
Question:
Okay great and thank you for your reply. I’ll go through all of the Webinars for the jump-start program and if I have any questions I’ll send them to [...]

February 6th, 2009

Drawdown’s Against Profits and Confidence

(2 of 2)
….Yesterday afternoon, I closed down the platform, walked away from the computer and went for a walk with my little girl while my wife was still at work.  I returned about 4 p.m., put daughter down for a nap, and then meditated upon the wins and losses and tried to determine what had [...]

February 4th, 2009

Drawdown’s Against Profits And Confidence

(1 of 2)
Kirk and Jed,
I wish not to make this eloquent or excessive in verbiage.  With this being said, let me continue.
This week was a difficult week.  Trading was down as were my emotions and confidence.  In times past, I would not let any given loss disrupt that which I was trying to obtain.  However, [...]

January 23rd, 2009

When The Lights Go On

For a couple of years my wife has wanted to learn how to trade.  I showed her the platform and how to open demo accounts, and place trades in a demo account.  I then suggested that she go to babypips.com and read about the market.  I showed her the Launch Pad Trading system and she [...]

January 13th, 2009

Be a Trade Taker Not a Trade Watcher (24 of 26)

This entry is part 24 of 26 in the series The Disciplined Forex TraderTraders can get depressed because they knew the market was going one way or another; however, they failed to enter the market. Usually the response as to why they did not put on a trade is that they were waiting to be [...]

November 13th, 2008

More PMA!

“History will be kind to me for I intend to write it.” -Sir Winston Churchill This is what we all should be doing!  Taking charge of our own futures and not let the world decide for us what it will be.  Pick five things in your live that you can change today, this week or [...]

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