by Kirk Norwood | Feb 2, 2009 | Entry Signals, Trading Strategies
When a trader can look at the market from many different time frames he is becoming a better trader. If a trader only looks at the market from one time frame this will narrow his view of what the market is really doing. The bigger the picture of the market...
by Kirk Norwood | Jan 21, 2009 | Trading Strategies
In this article you will find an explanation of why we see volatility and wider spreads in the market. Portions of this article were written by Brandon Butler, A trade specialist for Interbankfx. 10/31/2008 The credit and stock markets have been boiling over with...
by Kirk Norwood | Jan 15, 2009 | Trading Strategies
The market will move up, down, and sideways. It does not care about any one trader or any one institution. It does not show favoritism in any one direction it just goes up and down just like it should do. It does not discriminate. It does not...
by Kirk Norwood | Jan 2, 2009 | Disciplined Trader Series, Money Management, The Disciplined Forex Trader, Trading Strategies
You can determine that you will get out of a trade before a news announcement or you will not carry a trade over a weekend. These are good ideas if you are in a trade that is going against the trend. Many times the market will move because of news, then...
by Kirk Norwood | Dec 31, 2008 | Disciplined Trader Series, Inside The Trader's Mind, Money Management, Planning A Trading Career, The Disciplined Forex Trader, Trading Strategies, Types of Traders
We get a lot of questions and comments about what this means. You should know by now that you will lose sometimes when trading. That does not mean you will lose all of your account unless you use poor money management techniques or none at all. It...
by Kirk Norwood | Dec 18, 2008 | Trading Strategies
Develop your own style don’t try to be like someone else. You have to be comfortable with the way you trade. It is very hard to try and trade like someone else. For example if you get to the point were 50 lots is comfortable to trade do not get...
