Search Result (3 Snaps)

Traders Self Assessment Tool | PL: 234  Category: Training | Comments (0) 2010-02-19 07:41:46 Traders Self Assessment - A must have for all traders This video takes you through how to use a simple excel document that will improve your trading out of sight. The best judge on your performance is yourself. Here is the tool which you can use to give an honest rating on your day to day trading. Great traders dont just have a trading plan and strategy for when they are in front of the computer looking at charts. Their day starts from the moment they get up in the morning to when they sleep. You must be structured in everything you do to get the most out of your trading business. This easy to use tool will take you to the next level. To purchase this tool you can pay online right now by email info@globalmarkettrader.com   Tags: A simple tool to increase your win rate and discipline in trading.   Member: Shane Fry | 31 Snaps

The DDRL Equation – A New Look at Risk and Money Management | PL: 14  Category: Training | Comments (0) 2010-01-07 07:59:28 Natural size The DDRL Equation – A New Look at Risk and Money Management As you sit looking at the monitor eyes transfixed on the screen, you keep going over all the analysis in your head that lead to the decision to buy. Your heart begins to pound as you reach for the mouse. You pause for one last look at the chart before committing to the trade. With a push of the button you are in and then, suddenly it hits you, the one thing you forgot. How could you have over looked it? An analysis of your individual direction, discipline, risk, and leverage equation - the...   Tags: DDRL, direction, discipline, risk, leverage equation, forex trading, trading methodology   Member: dailyforex | 13 Snaps

Why Traders Lose Their Discipline | PL: 40  Category: General | Comments (0) 2009-12-16 07:15:38 Natural size Why Traders Lose Their Discipline added by Tim When traders lose money, they often attribute the problem to a lapse of discipline. Such a lack of consistency, however, is actually the result of many different problems--not the cause. Traders lose discipline with trading for the same reasons that dieters lose discipline with dieting or people getting in shape lose discipline with exercise. Quite simply, our moods, needs, and mind states of the moment tend to overwhelm our longer-range intentions. We pursue short-term...   Tags: Forex trading, trading psychology, discipline   Member: Tim | 14 Snaps