May 20th, 2009

Some Things Successful Traders Posses

1.    They have a trading method or system 2.    They have a set of rules for when to get in and out of the market. 3.    They have discipline to follow through with these rules Trading is about making money, not about being correct in market analysis. If you are trading for any other reason [...]

March 27th, 2009

Lower Time Frames May Cause Over Trading

Traders can get caught up in thinking that shorter time frames can reduce risk.  They think they can get out of bad trades sooner but they also get out of good trades sooner. If a trader is looking at the smaller time frames like the 1- and 5- minute they will get more signals.  They [...]

March 25th, 2009

Is Trend Trading Right For You

Trading the trend can be profitable, that is if you can identify the trend in a timely manner and then manage the risk along the way.  The good thing is that trading the trend can apply to any currency pair or time frame.  Here is some more good information the trend can help you systematically [...]

January 23rd, 2009

When The Lights Go On

For a couple of years my wife has wanted to learn how to trade.  I showed her the platform and how to open demo accounts, and place trades in a demo account.  I then suggested that she go to babypips.com and read about the market.  I showed her the Launch Pad Trading system and she [...]

January 16th, 2009

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 [...]

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