Psychology

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.

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.

As 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.

Used properly, a trade blog or journal can help you track your behavioral tendencies and their usual outcomes to make the most out of it.

Apart 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.

While 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,

Sure, the FOMO is real these days. But jumping on ALL the bandwagon may not be the best decision for your trading account.

Think 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.

In 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.

You’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.

If 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.

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.

Instead 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?

Let’s take a look at four classic nuggets that are easily taken for granted and why we should pay closer attention to them.

Having 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.

Whether 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.

If you want to be consistently profitable, then you’ll have to be profitable across different trading conditions. Here are some tips when making adjustments.

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.

Most home-based traders face more kinds of distractions that can take their eyes and mind off trading. Here are some tips on staying focused.

Here 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.