Psychology

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.

It’s normal to set expectations when trading but having unrealistic ones can ultimately lead to disappointment. Here are some examples.

When you have pushed yourself so far that you feel the pressure, STOP! Take a chill pill. Accept your limitations and relax.

How do you avoid the temptation of forcing your trades? Here are a couple of suggestions.

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.

If you’re uncomfortable with purely mechanical systems or you get carried away by emotions with a 100% discretionary approach, try hybrid trading.

If you’ve caught yourself thinking that you’re doing something wrong over and over again but you don’t know what it is, maybe it’s time you start a psychological journal.

Since forex trading is somewhat similar to warfare, it makes sense to consider a military strategist’s approach in learning about and dealing with market forces.

A few months ago we asked real traders what they learned in their first month trading currencies. Here’s what they said.

So which trading blogs should you pick among the bajillions available? Here’s a little checklist.

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

Time to look back on the trading goals that you made at the beginning of the year and see if you need to make any changes!

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

How can you distinguish between a good trade and a bad one? Clue: it’s not all about the profits.

I’ve often been asked whether trading psychology is really important for a forex newbie or if it’s an overrated concept. Here’s what I think.

Are you ditching your trading plans more often than not? Instead of just chalking it up to a discipline issue, you might wanna check out these other reasons, too.

Traders often focus too much on making money instead of becoming a good trader. Unfortunately, this practice is hardly the way to consistent profitability.

Think you’re ready to expand your forex trading horizons? I’ve got a few tips to help you take your game to the next level!

If you’re thinking of trading currencies but don’t know how or where to start, then this post is for you.

The problem that many traders face is actually not in introducing needed changes, but in failing to follow through.