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Entries from September 2008

The Rush of Your First REAL Trade!

August 23rd, 2008 · No Comments

About four years ago…
I decided it was time to start trading with real money. My paper demo account was overall at a small profit, but that was because I had a few terrible trades early in that slowed me down (or so I thought).
Regardless, I was trading the foreign currency market using a day [...]

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Tags: Trading Psychology

A Forex Question I Bet You’ll Get Wrong

August 22nd, 2008 · 12 Comments

The other day I was at a monthly BBQ with a bunch of forex traders where we basically drink a lot and argue the merits of different trading styles and methods. Anyway, I posed the following question to the group and the answers I heard were pretty surprising.
The question goes something like this
Suppose you knew [...]

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Tags: Contests

Forex Mentor Table of Contents Added To Review

August 19th, 2008 · 2 Comments

For those who have already read the Forex Mentor review, I want to let you know it’s been updated to include the Forex Mentor table of contents for the 12 disks containing the hundreds of videos that comprise this forex course.  The table of contents shows the titles of each video you’ll receive as part [...]

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Tags: Reviews

Forex Mentor Review

August 14th, 2008 · 5 Comments

After in depth review Peter Bain’s Forex Mentor training course receives a hearty two thumbs up from MrAutomate.
Forex Mentor is a Forex training course and mentorship program that actually delivers. What makes Forex Mentor such a great product is the sheer volume and quality of the content as well as the very generous support provided [...]

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Tags: Reviews

I Could Trade Without Knowing the Name of the Market

August 8th, 2008 · 1 Comment

The other day I was flipping through one of my favorite books on trading, Market Wizards: interviews with top traders by Jack Schwager, and came across a great line by Richard Dennis
I Could Trade Without Knowing the Name of the Market
This line was in response to a question by Jack, “How much common behavior is [...]

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Tags: General Trading

Trading To Win - Playing By The Numbers

August 4th, 2008 · No Comments

While no one can predict what will happen in the market tomorrow, this by no means precludes you from making piles of money from the unknown, if you know what you’re doing.
For decades analysts and money managers have been trying to “value” a stock, or company, and predict it’s future value, based on various measures [...]

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Tags: General Trading