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May 13th, 2009

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 [...]

April 6th, 2009

Pulling The Trigger To Enter A Trade

A trader may have a problem pulling the trigger to enter a trade for several
reasons.  One they are not confident enough with their analysis.  Two they
have not done enough demo trading to see the results of a trade.  This is
part of the over 100 trades that need to be done in order to get [...]

December 23rd, 2008

Stop The Pain Close the Losing Trades (11 of 26)

This entry is part 11 of 26 in the series The Disciplined Forex TraderYou are not a loser because you have a losing trade on. You are, however, a loser if you do not get out of the losing trade once you recognize that the trade is not going to come back.  It’s interesting to [...]

October 7th, 2008

Control

It is interesting how having control of something increases our confidence. When we feel that we do not have control over the market our confidence is lessened. The big mistake is in trying to feel that we can control the market. The best way to get rid of the market control [...]