Dr. Pipslow

Forex trading is a business, which means it needs the right set of tools in order to maximize your skills. Here are some tips on setting up your trading station.

Consistently profitable traders know the importance of tracking the rights and wrongs of the trades that they take. Unfortunately, the cost of the trades that they DON’T take is too often overlooked.

For many traders, the problem isn’t in making the needed process changes, but in failing to follow through. Here are two practices that might help you sustain your planned trading changes.

Traders I’ve talked to have shared five important lessons that they’ve learned so far in their trading journey.

Even seasoned traders can lose their composure from time to time. Here are some things to remember when you’re about to lose your cool.

Explore the benefits of embracing gratitude and positivity in trading, and learn how to develop these essential psychological qualities.

Some traders take losses personally and end up reacting adversely by taking revenge trades. Here are some tips to recover if you fall in this rut.

Traders are competitive by nature and it’s this characteristic that makes us vulnerable to being frustrated with losing trades. How can you cope?

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.

The fear of success can be just as real and detrimental to some traders, just as the fear of failure. How can you ensure you’re not sabotaging your progress?