TEN: Must Have Trading Tools (10 of10)
Click here for Post Nine of ‘What Trading Really Is’ Series
A trader must see the big picture in trading to survive and prosper. If you only look at the
small time frames you are only seeing the foothills of a tall mountain. It is necessary to
look at the larger time frames and trade in [...]
Details Make The Difference
Here are some tips for making sure you come out ahead in your trading account so you are not wondering what happened to your money. These tools are over looked by many new traders. After looking at some of the differences between the successful traders and those that are no longer traders we find the [...]
January 28th, 2009Trade Journal Entry
This week has been a productive trading week. I have been spot on in my trades. I am up in all of my accounts for the week by the follow percentages: (1) 3%, (3) 5%, (1) 13%, (1) 23%. It is Friday morning and I have been at the computer for a little over [...]
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 [...]
November 21st, 2008Trade Journal Entry 11-21-08
This week has been a productive trading week. I have been spot on in my trades. I am up in all of my accounts for the week by the follow percentages: (1) 3%, (3) 5%, (1) 13%, (1) 23%.
It is Friday morning and I have been at the computer for a little over 30 minutes [...]
How 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 [...]
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