Psychology

Losing is as much part of trading as winning. So how do most forex players process trade losses? Here are four stages you should be familiar with.

We have to watch out for when our trading process makes us impose our ideas on what the market should do, instead of reacting to what is actually happening.

Being hard on yourself is a way of addressing your problems. But it can become more of a bane than a boon to your trading if you get caught up in all the pessimism.

With so much information and trading tips on the internet these days, here’s how you can filter out which traders to pay attention to.

A common mistake that traders make is overtrading, believing that more positions taken translates to higher chances of winning.

How can you protect yourself from black swan event losses? Or how can you pick yourself up from your trading losses? Here are three things you can do.

Forex trading is not the line of work you want to be in if you’re a perfectionist. Here’s why you should stop obsessing about finding that one perfect trade.

Self-discipline is NOT a trait that you are born with, but it is a necessary trait for any trader whose goal is to someday become consistently profitable.

How do you make profits on weeks when there are no new catalysts to shake up the forex markets?

Starting out in trading is definitely an exciting experience, but you must be very careful not to make these dangerous mistakes that most newbies make.

When you get stuck with the dreaded trader’s block, you feel paralyzed and unable to pull the trigger on any trade. How can you cope?

Many traders make the mistake of letting self-worth be determined by everyday trading results. Here’s how you can keep up a longer-term winning mindset.

A single mistake could spell the difference between winning and losing a trade, so it’s important that you develop the habit of carefully entering your trade orders.

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.

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.

Being optimistic and having a good mindset aren’t enough to guarantee success. Here are four ways you can turn all this into positive results.

With all the crazy moves in the markets these days, I’m pretty sure some are staring at large drawdowns or even dealing with a completely blown trading account.

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.

Deliberate practice is a process applied by pros in several performance fields, be it sports or music. Here’s how you can apply it to improve your trading.

The importance of growing psychological capital is probably even more important than increasing your account balance when talking about long-term trading success.