Why You Shouldn’t “Predict” Forex Price Action
Enough experience can convince some traders into believing that they can predict price action. But “predicting” trades is rarely productive and could even cause deep drawdowns in your account.
Read MoreEnough experience can convince some traders into believing that they can predict price action. But “predicting” trades is rarely productive and could even cause deep drawdowns in your account.
Read MoreIt’s not enough that you identify your biggest obstacles in forex trading profitability. You also have to act on it. So, where do you start?
Read MoreHow you perform has nothing to do with how others perform. Comparisons will only make you feel frustrated and distract you from forging your own path to profitability.
Read MoreAs forex traders we are constantly pressured to make profits that we sometimes lose sight of the importance of sticking to the trading plan or practicing proper risk management.
Read MoreA mistake many forex traders make is to forget to assess what type of market they are working with and adjust their approach accordingly.
Read MoreThinking of trying your hand at picking forex market tops and bottoms? Here are 3 points you might want to read first.
Read MoreSuccess in forex trading takes time, patience, and a lot of practice. Do you think forex trading is for you?
Read MoreEven forex traders can’t succeed on skills and determination alone. Support from these three major groups are needed.
Read MoreThere is a fine line between traders and gamblers. Here are some tips on how you can tilt the odds in your favor and be consistently profitable.
Read MoreHaving trading biases can severely impair our ability to read the markets objectively and make good trading decisions. Are you guilty of any of these?
Read MoreIf most traders would learn to sit on their hands 50 percent of the time, they would make a lot more money.Bill Lipschutz