Psychology

Just before they closed shop, I’ve surveyed the rest of the FX-Men for their hard-earned lessons in 2019. Check out the common themes!

Enough experience can convince some traders into believing that they can predict price action. But “predicting” trades is rarely productive and could even cause deep drawdowns in your account.

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?

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.

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.

A mistake many forex traders make is to forget to assess what type of market they are working with and adjust their approach accordingly.

Thinking of trying your hand at picking forex market tops and bottoms? Here are 3 points you might want to read first.

Success in forex trading takes time, patience, and a lot of practice. Do you think forex trading is for you?

Even forex traders can’t succeed on skills and determination alone. Support from these three major groups are needed.

There is a fine line between traders and gamblers. Here are some tips on how you can tilt the odds in your favor and be consistently profitable.

Having trading biases can severely impair our ability to read the markets objectively and make good trading decisions. Are you guilty of any of these?

Self-discipline involves the development of a mental framework to help you stay motivated and focused despite conflicts and mistakes. How can you apply this in forex trading?

Today we’re exploring the five of the most common mistakes that newbie forex traders make. Which one can you relate to the most?

They may not know it, but a lot of profitable traders could do much better if they just recognize and learn how to get past their fear of losing their ground.

Risk management is what separates consistently profitable traders from newbie traders. Can you guess what’s the first step towards risk management? That’s right, position sizing!

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

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

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.

Like any necessary activities in forex trading, testing your strategies can provide you with the tools you need to get that extra edge over the markets.

By embracing weakness, you allow yourself to grow and broaden your horizons. You learn what works and what doesn’t, leading you to become a stronger and more successful trader.