Archives for: July 2006

The Secrets of the Super-Traders


16th July 2006
The first and perhaps most important secret is to realize that your methodology or approach (no matter how good) is only part of being a highly successful trader. This applies to any trading style including, day trading, swing trading or position tradi… more »
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Money Management, Part 2


16th July 2006
FEARING LOSSESThere is a huge difference between being risk averse and fearing losses. You must hate to lose. In fact, you can program your brain to find ways to not lose. But not losing is a logical thought-out process, rather than an emotion-based reac… more »
Technorati tags: currency tradingforexgbpmoney marketpipsus dollar
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The Psychology Of Trading


16th July 2006
The psychological aspect of trading is usually underestimated by those new to trading. The psychological problem for most traders is the fear of losing - ironically it is this fear that causes most traders to lose money in the long run. The fear of losin… more »
Technorati tags: currency tradingforexgbpmoney marketpipsus dollar
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Money Management, Part 1


16th July 2006
There are some common mistakes Ive seen traders make in the area of money management. First, lets understand what money management is all about.Money management overlaps with risk, trade, business, and personal management, yet it has many aspects that ma… more »
Technorati tags: currency tradingforexgbpmoney marketpipsus dollar
Flickr tags: currency tradingforexgbpmoney marketpipsus dollar

A Quick Forex Guide For Traders


15th July 2006
In this Forex course we will review some steps you need to take care before you venture into your trading journey. Most traders venture into the Forex market with little or no experience in the Forex market. This results in painful experiences like loosi… more »
Technorati tags: currency tradingforexgbpmoney marketpipsus dollar
Flickr tags: currency tradingforexgbpmoney marketpipsus dollar

Trading Forex with Woodies CCI


09th July 2006
Woodies CCI system is particularly popular with futures traders, but can it work with forex? We look at what the system is, and how it can be applied in the currency markets. What Is Woodies CCI? Woodie is a day trader of 25+ years experience, and is w… more »
Technorati tags: currency tradingforexgbpmoney marketpipsus dollar
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Common Mistakes by Forex Traders


07th July 2006
1. OVER USE OF LEVERAGE- Not controlling speed of market due to over use of leveraging tool. The lower the leverage factor or Gear ratio the slower the move. GEAR RATIO is a good way to understand leverage. If you have a car in 10th gear it wil… more »
Technorati tags: currency tradingforexgbpmoney marketpipsus dollar
Flickr tags: currency tradingforexgbpmoney marketpipsus dollar