Safe Banking
We thought this was an interesting study on banks.
Hope you enjoy it.
Also if you are interested here is a quick link to some basic terms in investing that we found easy to follow
Tips for Beginners to Retirement Investing
Safe Banking in the United States
Excerpted from Bob Prechter’s Conquer the Crash
If you must bank in [...]
Small Wins vs. Large Losses
When we first start trading all of us have big dreams of how much money we will be making. We dream of the new life we will be having. All the places we will travel to and the things we will have. What happens to those dreams?
Many of us are so excited to get started [...]
Setting And Accomplishing Realistic Goals
We have all probably heard of the trader who turned $10,000 into over $1,000,000 in one year. Well it has been done but do you really believe you can do it? You’ve also probably seen the ads and websites, which claim big returns with minimal work. Ask yourself, is this the norm or is it [...]
January 6th, 2009The Money Pile (19 of 26)
This entry is part 19 of 26 in the series The Disciplined Forex TraderMake a little bit everyday. Make a pile of money. Don’t and make a money pit.
When you can do this illustration in a demo account then start trading live.
Lets take a $1000 account for example:
Make $5 a day for 250 days a [...]
Become Good at Losing (16 of 26)
This entry is part 16 of 26 in the series The Disciplined Forex TraderWe get a lot of questions and comments about what this means. You should know by now that you will lose sometimes when trading. That does not mean you will lose all of your account unless you use poor money management techniques [...]
December 16th, 2008Keep things in perspective (6 of 26)
This entry is part 6 of 26 in the series The Disciplined Forex TraderKeep a trade log or journal of your trades for the day or week. If you know that your biggest winner is 50 pips then do not allow a losing trade to be larger than 50 pips. If you do allow [...]
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 [...]
November 24th, 20082 of 10: Trading The Big Dollar Moves
Awareness #1- Trading The Big Dollar Moves
When trading, how does a trader know which move is going to be the big move. They don’t. Trying to catch the big trades alone to get rich quick is a destructive habit. A trader should take all good signal trades. By doing this, they will make a lot [...]
Understanding Margin, Leverage, and Margin Calls
In the following illustrations you will see the equity level change and the Margin Level % change. There are several views of the change in a positive direction and one view with a negative direction. The Margin Level % is calculated by dividing the equity by the margin. In the illustration below we take [...]
October 16th, 2008Things That May Block Your Trading Success
Here are some reasons why traders lose in the currency market: 1.Traders allow their emotions, greed, hope and assumption to take over their trading. This is probably the most difficult thing for a trader to do is to eliminate those things while in the Forex business. 2. Lack of Education. One of the [...]
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