Psychology

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.

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.

Aiming for a good reward-to-risk ratio can help improve trading expectancy but also increase the pressure on you. How can you find one that works best?

Being properly funded will allow you to sweat out drawdowns and give you a higher chance of surviving long enough so that you may experience big wins.

The more you can stay focused on your ongoing experience, the more you can trade effortlessly and skillfully. Here are some tips that can help boost concentration.

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 traders make decisions based on emotion rather than analysis, they are more likely to take on excessive risk, miss out on potential gains, and ultimately, lose money.

Just because a majority of the traders out there have a certain trading bias, it doesn’t necessarily mean that they’re right. When should you go against the flow?

What use is a well-timed and properly executed entry if you aren’t able to minimize your losses or maximize gains? Here are some exit strategies to consider.

Thinking of trading as a side-hustle for extra income or a full-time job? Here’s a quick checklist of things you need to get started.

It’s not enough that you identify your biggest obstacles in forex trading profitability. You also have to act on it. So, where do you start?

One way to speed up your trading development is through bouncing trade setups around with your fellow traders. Here are some guidelines to remember when sharing trade ideas.

While luck can play a role in catching a big win, being a successful forex trader does not equate to hitting the jackpot or becoming an overnight success.

Is it more beneficial to trade with a group or are you better off trading alone? Here are the pros and cons.

When newbies cross over from demo to live trading, they usually believe that their results can be easily replicated. Here are the differences you should be aware of.

Whether you’re a seasoned forex trader or just a newbie, I’m sure that by now you’ve already come across a few generalizations about trading.

Taking multiple quick trades in a day doesn’t always mean higher chances of winning or shorter market preps. Here are some things to consider if you want to be a day trader or scalper.

Are you still trading whatever setup you come across? Here are four factors you should consider when trying to pinpoint your forex trading niche.

There is a fine line between traders and gamblers. To be consistently profitable, you should think in terms of probabilities and tilt the odds in your favor.