Be Able to Trade Another Day (9 of 26)
This entry is part 9 of 26 in the series The Disciplined Forex TraderYou always want to be able to trade another day.
If you really want to trade then you should never put yourself in the position where you have lost your trading capital. One of the most frustrating feelings is when you want to [...]
Develop a trading plan and Stick with it (7 of 26)
This entry is part 7 of 26 in the series The Disciplined Forex TraderDevelop a trading plan and Stick with it. Do not change your trading plan from day to day Just like a business needs a plan a trader needs a plan. Write down the specific market prerequisites (setups) that must take place [...]
December 8th, 2008Two Big Trading tools (1 of 26)
This entry is part 1 of 26 in the series The Disciplined Forex TraderThe first tool is your trading system or the methodology you use to enter an exit the market, your trading system. You need to be very good at the trading system before you can enjoy any success as a trader. Once you [...]
December 5th, 2008Only take little losses (18 of 26)
This entry is part 18 of 26 in the series The Disciplined Forex TraderA big win can take care of many small losses and a big loss can wipe out many small wins. It all boils down to money management, following some trading rules, and being disciplined. Enter a trade put on a stop [...]
October 28th, 2008Setting Sail Without A Plan Is A Sunken Ship!
Every mariner knows that he must plan his voyage in advance in every detail. He must determine what currents will take him to his destination. What current conditions will be present or possible during the voyage. What supplies he will stock his ship with. Who his crew will be and what skills sets they bring [...]
October 22nd, 2008How Important Is Trading Experience? Or How Do I Get Trading Experience?
We will all miss some trading opportunities – due to holidays, sicknesses, errands, personal matters, work, etc – We rarely go over the charts and pick “what-would-have-been” trades. Although we do, thought, go over the trades we did make and see what we did right and what we did wrong. This is what a Trading [...]
October 13th, 200838 steps to becoming a trader
We found this post at Forexfactory.com from a member named Neers. We thought it was kind of fun to see where you are in the trading process. When you read this leave a comment as to where you are a
Enjoy the post!
They are as follows:
1. We accumulate information – buying books, going to seminars and [...]
Learning To Trade: Step-By-Step Or Mistake-By-Mistake
I am guessing that we all have clicked and hoped. Then we clicked again and hoped some more. We have entered trades not knowing what we were doing, having no clue, which way the market was going, or even how to determine which way it was headed. These are frustrating times as [...]
September 24th, 2008To Hedge Or Not To Hedge
When I first started trading and heard about hedging I thought it was a great idea. Since then it has been a nightmare on a few occasions until I stopped using that trading method. The only way I have been able to trade out of a hedge was when it was small, less than 20 [...]
September 23rd, 2008BUSINESS INSURANCE… When Trading?
When you have a typical business you buy all kinds of insurance. Examples might be:
1. Workers compensation
2. Property Insurance
3. General Liability Coverage
4. Business owners policies
5. Vehicle insurance
6. Employment Practice Liability Insurance
7. Business Interruption Insurance
8. Key man Insurance
9. Errors and Omissions Insurance
10. Directors and Officers Liability
Making a claim:
Here are some tips for making sure you come [...]
Social Links
