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Determine significant support and resistance levels with the help of pivot points.
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Determine the value per pip in your trading account's currency so you can better manage your risk per trade.
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Self-discipline involves the development of a mental framework to help you stay motivated and focused despite conflicts and mistakes. How can you apply this in forex trading?
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Today we’re exploring the five of the most common mistakes that newbie forex traders make. Which one can you relate to the most?
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They may not know it, but a lot of profitable traders could do much better if they just recognize and learn how to get past their fear of losing their ground.
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Risk management is what separates consistently profitable traders from newbie traders. Can you guess what’s the first step towards risk management? That’s right, position sizing!
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Thinking of trading forex full time? Here are four signs that say you should do it.
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What kind of habits can you develop to help you manage your forex trades? Here are three.
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How do you make profits on weeks when there are no new catalysts to shake up the forex markets? Here are a few options you could take.
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Like any necessary activities in forex trading, testing your strategies can provide you with the tools you need to get that extra edge over the markets.
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By embracing weakness, you allow yourself to grow and broaden your horizons. You learn what works and what doesn’t, leading you to become a stronger and more successful trader.
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The forex market also has its own way of making you cry yourself to sleep, leaving you broken and feeling helpless. How can you get over this heartache?
Read MoreFailing is just one action, one discrete action. I was used to it and that made it easy for me to move on to the next action as quickly as possible. I don’t care who you are or what you do; you can improve your performance by knowing you are fallible and learning to live with it. I failed so often and so badly that I learned to get comfortable with it as a variable.Larry Hite