As forex traders, we are constantly pressured to make profits that we sometimes lose sight of the importance of sticking to the trading plan or practicing proper risk management.

There’s nothing wrong with setting high expectations but problems could arise when you set unrealistic ones. Here’s why managing expectations is important to your trading success.

Not being able to stick to your forex trading plan may be more than just a result of mere impulsiveness or the lack of discipline. Here are some other factors you take a second look at.

If you’re planning on adding “scaling into positions” to your forex trading skills, then you should at least be aware of the possible effects of adding to winning or losing trades on your trading psychology.

Nobody likes close a losing trade. But forex price action is random and having wrong trade ideas is inevitable. Here are three factors you CAN control to limit your risk exposure.

How do you make profits on weeks when there are no new catalysts to shake up the forex markets? Here are a few options you could take.

Before you venture into home-based forex trading, you should know that there are differences between trading from an office and trading from home.

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.

Revenge trading is one of the most common and most dangerous practices for forex traders. How do you know when you’re doing it and how can you avoid it?

It’s easier for forex traders to assume that one good strategy would yield consistent profits. Unfortunately, this is not always the case.

Did you blow up a live trading account? Don’t worry, it’s more common than you think. Not only that, but you can bounce back from the situation. Here are four steps that could help.

There’s no lack of traders who are willing to share tips to help maximize wins and minimize losses. Let’s look at four common suggestions and why forex newbies should pay attention to them.

Finding the forex strategy that matches your personality will help you better adapt to the always-changing market environment. Does yours match any of these profiles?

In your journey to be a consistently profitable trader, the urge to bag those extra pips can be too irresistible. As a result, you sometimes force your trades.

Trading is a marathon and not a sprint. There will be times when you’ll find it hard to keep up with the market and that’s okay.

Forex trading requires concentration, focus, and alertness. Without a sound mind and body, it will be extremely difficult to do any of these things.

If you’re thinking of trading currencies but don’t know how or where to start, then this post is for you.

If you find yourself dealing with the same set of problems for months (or even years), then it’s time to take a closer look at possible reasons why you can’t move on from them.

Forex trading comes with a lot of non-monetary benefits that are probably just as valuable, if not more so, as potential capital gains.

On the internet, it’s easy to get answers but it’s very hard to get the right ones. Here’s why learning from successful traders is the most efficient way to get secondary information.