TWO: A Trading Plan, Having and Using (2 of 10)
Click Here for Post One of ‘What Trading Really Is Series’
Normal 0 Trading any of the financial markets is a one on one activity. If someone is going to do it
for you it is you. You will need to follow a trading plan and guess who, is going to [...]
Mentor’s Corner 1:1
I had a marvelous morning Wednesday morning trading the New York open. Traded both the EUR and EURJPY and profited 200 pips, which took my account up to $7,000 profit since Monday night. Then, I let my emotions get to me, and the nerves set in. I went short of GBP (don’t ask [...]
January 13th, 2009Be a Trade Taker Not a Trade Watcher (24 of 26)
This entry is part 24 of 26 in the series The Disciplined Forex TraderTraders can get depressed because they knew the market was going one way or another; however, they failed to enter the market. Usually the response as to why they did not put on a trade is that they were waiting to be [...]
January 12th, 2009Be a Trading Machine (23 of 26)
This entry is part 23 of 26 in the series The Disciplined Forex TraderIf you have ever been around or seen manufacturing you know that the machines do the same thing all day long over and over again. Each machine is good at what it does and if you ask a filling machine to put [...]
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