by Kirk Norwood | Apr 24, 2009 | Trading Strategies, What Trading Really Is- Series
Click Here for Post Two of 'What Trading Really Is Series' One of the biggest mistakes a trader can make is to over trade their account. They can trade too much of their account or have two much on one trade. The more a trader puts on one trade the more...
by Kirk Norwood | Apr 22, 2009 | Trading Strategies, What Trading Really Is- Series
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...
by Kirk Norwood | Apr 20, 2009 | Trading Strategies, What Trading Really Is- Series
When we trade properly we need to know that we are using the law of probabilities. When you go to any gambling place you are playing with probabilities. The thing you already know is that the probabilities are in the favor of the house. If you think about...
by Kirk Norwood | Apr 17, 2009 | Trading Strategies
First, the day is split into several sessions. The sessions are most often measure according to EST (GMT-5) or GMT. If you're on the west coast of America, then you're dealing with PST (GMT-8). Below are the FOREX sessions....
by Kirk Norwood | Apr 8, 2009 | Emotions, Jump Start, Launch Pad, Trading Strategies
Question: Using Jump Start about how much time would I have to dedicate on a daily basis to achieve 25 to 30 pips per day (and thus make my daily goal of $100 to $150 per day). Answer: This depends on how the market is moving and how many currency pairs...
by Kirk Norwood | Apr 7, 2009 | Trading Strategies
Question: What is the learning curve for your strategy? From learning, to practicing, to live trading? Answer: When you decide to trade for a living the learning never stops. For each level of our system the learning curve is different for every...
