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 [...]

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 [...]

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)

Traders 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 filled at the absolute best possible price (and never got filled), or only [...]

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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