August 7th, 2009

6. Generate trades. 6 of 12

Where and how will you find your next trade? Through sitting in front of the computer for hours? Via:  an alerts system? At the time news comes out? The point is you need a plan for how you will find enough trades to keep you interested and make money. The process of finding trades is [...]

August 5th, 2009

5. Create a magnificent trading picture. 5 of 12

Let your trading journal teach you what you need to do more of. Create collateral (a pile of good trades in your trade journal) that educates you and compels you to see the way you should trade. Make sure your trading journal include tons of examples of your successful trades.  Make notes of what you [...]

August 3rd, 2009

4. Develop your core strengths. 4 of 12

Identify the top three compelling strengths, you have uncovered for trading the currency market. Your strengths should be easy to spot. Then make those strengths the core foundation that you use when trading.  You may be good at picking entry points. You may be good at managing the trade once you are in a trade.  [...]

July 31st, 2009

3. Identify your remarkable strengths. 3 of 12

As part of you trading plan you should find out your win-loss ratio.  This can be done by using the “Trade Tracker”. When you purchase launch Pad you will find the “Trade Tracker” as one of the tools.  By tracking groups of say 20 trades at a time, and filling out the questions on each [...]

July 29th, 2009

2. Define your ideal trade. 2 of 12

New traders try to learn how to do everything and never become good at anything.  You must narrow your trading focus to grow.  Look at your current personal schedule.  What time do you have available to trade?  Why are you trading in the first place?  You’ll probably find that you can only trade a certain [...]

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