July 27th, 2009

Create a Stellar Trading Plan in 11 Easy Steps 1 of 12

The single most powerful trading tool on the planet is a trading plan. Now before you roll your eyes and run for the hills, let me clarify. I am not referring to an academic exercise from a book. I’m talking about a simple plan that details who you are, what you are going to do, [...]

July 20th, 2009

Realistic Expectations

We have all heard of the get rich quick advertisements or the stories about people that made millions in a short period of time trading the foreign currency market.  Taking this information seriously will cause you heart burn when it does not happen to you.  Everyone has to learn how to trade and it does [...]

July 17th, 2009

Patience

Once you know what to expect from your system, you must have the patience to wait for the price to reach the levels that your system indicates for either the point of entry or exit. While you are waiting for the indicators to give you the entry sign you can look at other currencies and [...]

April 22nd, 2009

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 have to write [...]

March 31st, 2009

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 [...]

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