Psychology

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.

Traders often refer to themselves as modern-day hunters. What does this mean and how can a hunter’s skills translate to forex trading profits?

What kind of habits can you develop to help you manage your forex trades? Here are three.

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.

Having a good trade idea and sticking to a plan is just part of the trading battle. Here are common rules that traders forget so that they end up killing their good trades.

A “trading yo-yo” is the cycle of successfully making money and then becoming overconfident and careless, which usually leads to losses.

I got a chance to talk to a group of traders who were just getting their feet wet in forex trading. Here are five important lessons that they’ve learned so far in their trading journey.

The forex market also has its own way of making you cry yourself to sleep, leaving you broken and feeling helpless. How can you get over this heartache?

Forex trading as a career involves more than one or two big wins. Think you’re ready to become a full-time forex trader?

Why do most trading goals fail? Here are some important points to remember if you’re just making your trading goals for the year ahead.

It’s the start of a brand new year, and you know what that means – it’s time to come up with a fresh batch of forex trading resolutions!

How exactly do you wrap up your trading year so that you’ll be ready to hit the ground running when the holidays are over? Here are four simple steps.

Losing a trade does not mean you’re failing as a trader. Are you looking at losses like an employee or like a trader?

After the challenging year that was 2020, I’m sure most of you are eager to start this year on a fresh slate. Any trading psychology lessons you’ve learned?

It’s not every day that the market goes your way. But when it does, wouldn’t you want to make the most out of it?

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.

Whether it’s in sports, a career, or life in general, I think very few people understand the amount of dedication that successful people have to achieve what they accomplished.

In order to become a successful trader, one has to have a bit of swagger on the charts. You wouldn’t want to be a soldier marching on to battle cowering under your shield, would you?

Thinking of trading forex full time? Here are four signs that say you should do it.

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.