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 [...]

May 22nd, 2009

Buy Into Motion = Chasing A Trade

When a trader sees the market take off, then decides to place a trade, just because the market moved a little bit in one direction or another he/she is chasing a trade thus buying into motion. Never buy into motion. The reason is you see the motion, get excited, enter a position, and then try [...]

November 14th, 2008

Part 2 of 2

This is the second part of a great article we introduced yesterday about your emotions and the psychology of trading. Sometimes not trading is the best trade of all. Read on. The GotForex Weekly Newsletter by Rob Booker Are you currently experiencing unusually large gains? Here are some thoughts. There is nothing quite like the [...]

November 13th, 2008

More PMA!

“History will be kind to me for I intend to write it.” -Sir Winston Churchill This is what we all should be doing!  Taking charge of our own futures and not let the world decide for us what it will be.  Pick five things in your live that you can change today, this week or [...]

November 12th, 2008

Part 1 of 2

This is a great article about your emotions and the psychology of trading. Sometimes not trading is the best trade of all. Read on. The GotForex Weekly Newsletter by Rob Booker Trading currency is risky. You can sustain the total loss of your trading capital. In the midst of one of the most volatile periods [...]

« go back — keep looking »