THE PIP AUCTION GAME
Here are 4 fail-proof ways to solve the Pip Auction Game problem, and to guarantee that you’re not going to play it again. You have heard this before, and it’s true, but until now you still have not lived by this rule. You should never risk more for pips than they are worth. You should [...]
February 25th, 2009A 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 [...]
December 4th, 200810 of 10: Demo Trading To Feed A Trading Addiction
Awareness # 9- Demo Trading To Feed A Trading Addiction Traders need to remind themselves of why they started to trade in the first place. If it is for fun then never open a live account for the market will take all of your money. I have seen traders literally lose millions of dollars in [...]
December 3rd, 20089 of 10: Lack of discipline and Patience
Awareness # 8- Lack of discipline and Patience When demo trading a trader should be developing discipline and the ability to wait for a trade to come to them. It is easy to say “This doesn’t count; its only a demo account.” This type of attitude and thinking will cause you to give up on [...]
December 2nd, 20088 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 [...]
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