Psychology

How do we cope with volatility if it is always a lurking danger? When we are faced with high volatility, we must be ready for it. Not only must we be prepared for it, but we must also be ready for the challenges to our rationality that come with it.

Think you’re tracking all you need to track in your forex trading journal? Here are five helpful metrics that, unfortunately, don’t often make it to traders’ journals.

You can be highly motivated to trade, have abundant capital, and a dummy-proof trading system, but you can still encounter losses if you fail to concentrate.

Losing is inevitable in trading, so you might as well learn how to deal with losses. Here’s one unusual yet effective trick that helps.

The first step in discovering your niche is to always do a self-critical assessment. Here are some quizzes to help you out.

You may not notice this, but the focus you give to your trading activities will have a big impact on your trading progress.

Forex trading requires concentration, focus, and alertness. Without a sound mind and body, it will be extremely difficult to do any of these things.

Mistakes are inevitable when you’re trying out something new. Check out the common mistakes that newbie traders usually make.

While there are good reasons for missing trade opportunities, not taking valid setups can also cost you in the long run.

A lot has been said about how confidence helps a trader better execute his ideas, but a bit of self-doubt might also do some good. Here’s why.

One reason you might have trouble changing trading habits is that you’re simply not ready for them. Here’s how you can use these four stages of change to your advantage.

In a market where every pip counts, missing out on a good breakout or trend-reversal trade can take its toll on your trading psychology. Here are three possible reasons why you keep on missing these opportunities.

If you’re finding yourself feeling stuck in the 9-to-5 grind of a regular job and unable to take forex trading to the next level, think about the freedom that full-time trading offers.

Like other high-performance endeavors, forex trading involves a lot of risks. Here are three risks that are easily overlooked but are no less dangerous to your trading account.

Having trading biases isn’t necessarily a bad thing, but there are some that can impair our ability to read the markets and make good trading decisions.

Being a flexible trader doesn’t mean dropping your strategies at the first sign of trouble. Here are some ways you can stay consistently profitable in an ever-changing market.

Which among these all-too-familiar trading struggles do you undergo regularly, and what do experienced forex traders recommend?

Even forex traders can’t succeed on skills and determination alone. Who are the major support groups for an average trader?

One of the downfalls of aiming for a certain amount of profits each day is that you could wind up feeling frustrated more often than not. Focus on the process instead.

How can you focus on your trading skills when there’s no real money on the line? Here are three habits to get into.