December 9th, 2008

You get paid to wait (2 of 26)

When you are waiting for the market to set up and give you the proper entry or exit signals you are showing discipline.  When you exercise discipline you will make more money and lose less money.  There is one constant truth about the markets and that is discipline will increase your profits. Let the trade [...]

October 29th, 2008

Over Coming Discouragement

I have found myself in this boat more than once in my life!  I guess I could say I am no stranger, to pit falls and short comings in my plan to push for success in my life.  (Note: I am not only referring to trading but to life.)  Let’s face it folks  discouragement happens, [...]

October 20th, 2008

Time And Dedication

There are many things you need, to be able to trade the forex market but there are two things that are a must before you will have lasting success.  These are TIME and DEDICATION. You will start to develop good trading skills once you put in the proper amount of time and decide you will [...]

October 15th, 2008

The Death Of A Bad Trade

We have all had bad trades. We are sure that we are not the only traders that have suffered some grief from a trade that went wrong. At least in the beginning of our trading careers before we gained control of our emotions and learn to follow our trading rules. The following is an attempt [...]

October 6th, 2008

Chin UP!

"Thrice happy is the man that has a glorious history. Far better it is to dare mighty things, to win glorious triumphs, even though checkered by failure, than to take rank with those poor spirits who neither enjoy much nor suffer much, because they live in the gray twilight that knows neither victory nor defeat." [...]

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