Why Serious Traders Don’t Compare Themselves to Other Traders
How you perform has nothing to do with how others perform. Comparisons will only make you feel frustrated and distract you from forging your own path to profitability.
Read MoreForex and Crypto for Beginners
How you perform has nothing to do with how others perform. Comparisons will only make you feel frustrated and distract you from forging your own path to profitability.
Read MoreLosing 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.
Read MoreAs in warfare, the elements of risk, uncertainty, and danger in forex trading are always present. Here’s how you can use a military strategist’s approach in the markets.
Read MoreUsed properly, a trade blog or journal can help you track your behavioral tendencies and their usual outcomes to make the most out of it.
Read MoreApart from the financial aspect required in becoming a full-time trader, let’s take a look at another less tangible but equally important factor, which is the passion for trading.
Read MoreWhile 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,
Read MoreSure, the FOMO is real these days. But jumping on ALL the bandwagon may not be the best decision for your trading account.
Read MoreThink you’re tracking all you need to track in your forex trading journal? Here are five helpful metrics that, unfortunately, don’t often make it to traders’ journals.
Read MoreIn trading, it is very easy to get lost in the game. That’s why you should develop these habits to ensure your risk exposure is limited at all times.
Read MoreYou’ll need a winning mindset if you want to achieve consistent trading profitability. Read on for some characteristics you can develop to think like a winner.
Read MoreIf you are not psychologically prepared to handle the stress that comes with trading, no matter how good your strategy is, you’ll struggle to execute it properly.
Read MoreRecency 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.
Read MoreInstead of taking responsibility for a bad trade, we blame the market, our broker, and sometimes even the cat outside the window. Are you guilty of any of these habits?
Read MoreLet’s take a look at four classic nuggets that are easily taken for granted and why we should pay closer attention to them.
Read MoreHaving 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.
Read MoreWhether you’re growing one big winning trade or you’re in a winning streak, here are points that might help you keep you level-headed and winning.
Read MoreIf you want to be consistently profitable, then you’ll have to be profitable across different trading conditions. Here are some tips when making adjustments.
Read MoreHaving 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.
Read MoreMost home-based traders face more kinds of distractions that can take their eyes and mind off trading. Here are some tips on staying focused.
Read MoreHere are three reasons why you’ll have better luck being the first man (or woman) to reach the sun than finding a “holy grail” for forex trading.
Read MorePlaying a small game all the time is not safe. If you have only small gains, you won’t provide for the many small losses you are going to have.Larry Hite