Psychology

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.

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

With some market holidays coming up, it might be a good time to review your trading blog to see what improvements could be made. 

With market holidays coinciding with the end of the month AND quarter, plus a couple of top-tier economic events, better brace yourself for a possible pickup in volatility this week!

They may not know it, but a lot of profitable traders could do much better if they just recognize and learn how to get past their fear of losing their ground.

How can you avoid the temptation of forcing your forex trades? Here are a couple of suggestions.

When your trades don’t go as planned, it can be frustrating, but it’s crucial that you remain calm.

Successful people tend to have an optimistic attitude because when you focus on the positive, you tend to have positive results. Does this hold true in trading?