Psychology

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

Whether you’re growing one big winning trade or you’re in a winning streak, here are points that might help you keep your profits and keep you winning.

Success in forex trading takes time, patience, and a lot of practice. Do you think forex trading is for you?

It can be tempting to hop in those huge price swings while they’re happening, but is it true that only fools rush in? Here are some quick questions you can ask yourself first.

It’s normal to set expectations when trading but having unrealistic ones can ultimately lead to disappointment. Here are some examples.

Just because your forex trading account is in the green doesn’t mean you should stop working to be better. Here are three factors that might be limiting your profitability.

As 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.

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.

For many of us, we have to rely on ourselves to find that mentor who can guide us in our journey to become consistently profitable forex traders. Here are five signs to look for!

Unless you’ve been living under a rock, you’ve probably gotten wind of the GameStop frenzy lately. Here are some valuable trading lessons we can learn from this.

Much has been said about having a trading strategy and sticking to the plan, but what exactly do you need to build a profitable one?

Finding the forex strategy that matches your personality will help you better adapt to the always-changing market environment. Does yours match any of these profiles?

Making changes takes a lot of effort, but putting in the hard work will pay dividends in the long-run. Here are two tips to help you stick to your resolutions.

Having an off day doesn’t necessarily mean that you’re a bad trader or that your system sucks. Here’s why you should stick to your max trading loss.

Traders often refer to themselves as modern-day hunters. What does this mean and how can a hunter’s skills translate to forex trading profits?

What kind of habits can you develop to help you manage your forex trades? Here are three.

Forex trading is not the line of work you want to be in if you’re a perfectionist. Here’s why you should stop obsessing about finding that one perfect trade.

Having a good trade idea and sticking to a plan is just part of the trading battle. Here are common rules that traders forget so that they end up killing their good trades.

A “trading yo-yo” is the cycle of successfully making money and then becoming overconfident and careless, which usually leads to losses.

I got a chance to talk to a group of traders who were just getting their feet wet in forex trading. Here are five important lessons that they’ve learned so far in their trading journey.