Psychology

Just because a majority of the traders out there have a certain trading bias, it doesn’t necessarily mean that they’re right. When should you go against the flow?

While having discipline is a very important trait for a trader, we also have to be wary that if we’re too stuck in our ways, we’ll end up imposing our ideas on what the market should do,

Emotions are a big part of decision-making that they can’t be simply eliminated. Here’s how you can use emotions to improve your trading instead.

Experiencing fear while trading is normal, but it can get in the way of catching good market moves and being consistently profitable.

When is scaling in considered “averaging down” and when can you call it “gambling?”

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.

When you’re thinking with a stressed mind and body, your mind isn’t focused, and this can mean danger for your trading.

Are you just passionate about forex trading or are you getting addicted to it? Here are some ways you can stop trading addiction in its tracks before it takes over your life.

How can you protect yourself from black swan event losses? Or how can you pick yourself up from a resulting drawdown? Here are three things you can do.

With an extra busy trading week ahead, are you really supposed to bounce pounce on all the opportunities to make profits? Here are four cases where you might be better off sitting on the sidelines instead.

There’s nothing wrong with setting high expectations, but problems could arise when you set unrealistic ones.

For forex traders, there are three general types of self-talk that we usually engage in, each of which has both positive and negative implications to it.

Most home-based traders face more kinds of distractions that can take their eyes and mind off trading. Here are some tips on staying focused.

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?

If you want to make money in forex trading and consistently do so, it’s important to review proven trading methods and techniques on a regular basis.

Your first job as a trader is to not lose your money. Here are common trading rules you may have missed that killed your “good” trade idea.

To trade or not to trade? Trading from home and having more time to watch the charts and market headlines doesn’t necessarily mean you have to take more setups.

By setting trading rules for yourself, you can achieve consistency in your execution, which is the first step to becoming a consistently profitable trader.

Losing a trade does not mean you’re failing as a trader. Are you looking at losses like an employee or like a trader?

While there are good reasons for missing trade opportunities, not taking valid setups can also cost you in the long run. Here are some ways to prevent missing out on potential winners.