Psychology

Market headlines aren’t exactly sounding cheery these days, leading some to worry that another crash may be looming. How can your account survive if this happens?

Are you unintentionally sabotaging your chances before you even take your trades? Here are four ways to ensure you’re not setting yourself up for failure.

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

We’ve always stressed the importance of deliberate practice to improve your forex trading skills. Here are 4 factors that could sabotage your process.

What use is a well-timed and properly executed entry if you aren’t able to minimize your losses or maximize gains? Here are some exit strategies to consider.

Trading seems exciting on the surface, but there is so much behind the scenes that a lot of newbies quit at the onset of boredom. How can you overcome this?

So you’ve been trading on demo for months now and you think you’re ready to go live. But are you REALLY ready? Here are five signs you should look for.

It can be tempting to hop in huge price swings while they’re happening, but does the saying “only fools rush in” also apply in trading?

Becoming a trader is more than just learning from experience and setting goals, it’s also about getting into the habit of addressing your trading mistakes.

You may have come across a few generalizations about trading. But be warned! Some may have some truth to them, but these three are nothing but myths.

Recency bias negatively affects the way a forex trader analyzes the market, as it clouds his judgment and damages his decision-making skills. Here’s how you can avoid it.

Having second thoughts about your trades and some degree of ‘impostor syndrome’ can actually help you improve your trading performance.

Losing is as much part of forex trading as winning. However, a stream of losses or a consistent lack of profits could be a sign that changes need to be made.

A mistake many forex traders make is to forget to assess what type of market they are working with and adjust their approach accordingly.

With all the crazy moves in the markets these days, I’m sure some are staring at large drawdowns or dealing with a blown trading account.

Once you accept that it’s IMPOSSIBLE to completely predict market behavior, you’ll have an easier time making adjustments to your strategies.

Having trading biases can impair our ability to read the markets objectively and make good trading decisions. The first step to overcoming these biases is to become fully aware of them.

Having a scientific mindset may just give you an edge in the forex market. Here are some tips on how you can apply it in trading.

One distinguishing trait I’ve noticed among successful traders is their ability to figure out market themes by recognizing and taking advantage of patterns from different assets and time frames.

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.