Psychology

Taking more trades in a day doesn’t necessarily translate to more profits, but if you really believe that day trading or scalping is for you, then here are five things you should consider.

Knowing your traits, what you are comfortable with, and the type of system that matches your personality will help you better navigate the markets.

With so much information and trading tips on the internet these days, here’s how you can filter out which traders to pay attention to.

Some traders think twice about taking trades based on gut feel, but here’s why it also makes sense to trust your trading instincts.

If you’re taking some time to review your trading goals over the long weekend, here are some helpful reminders to keep in mind.

How can you get past this fear of losing your hard-earned gains? Here are three steps that might help.

Even before you enter a trade, you should already have your exit strategy laid out. You can ask yourself these four questions.

Being optimistic and having a good mindset aren’t enough to guarantee success. Here are four ways you can turn this into positive results.

It’s one thing to believe that your trades can reel you in a handful of pips and it’s another to think that you know EVERYTHING about the markets. Here’s how you can keep your ego in check.

When things don’t go as planned, it can be frustrating, but it’s crucial that you remain calm. Here’s what you can focus on instead.

This week is shaping up to be one of the more exciting ones, as there are plenty of top-tier events such as central bank decisions and GDP reports lined up! But should you REALLY trade all these catalysts?

Trading with prop firms or your own capital? Let’s take a quick look a both to see the potential psychological factors you may want to consider.

Why do forex traders lose their trades? Let’s take a look at five common reasons and see if you can add your story.

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?

When starting a new hobby or endeavor, it’s easy to get suckered into buying things that you think you need but eventually find that you don’t, at least not in the beginning.

When do you know when a system that you’ve bought or developed isn’t for you? Where do you draw the line between a bad trading day and an ineffective system?

In trading, actively managing open positions is just as important as coming up with your plan. Here’s what you should remember when watching your trades.

As a trader, you must develop biases instead of simply making many predictions. But how can you tell the two apart?

When you get stuck with the dreaded trader’s block, you feel paralyzed and unable to pull the trigger on any trade. How can you cope?

For some traders, the only thing worse than losing a trade is missing out on a winning setup that they had spotted but had not taken.