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.

The markets can move this way and that, but the bottom line is that the amount you win or lose is still under your control. So, what kind of habits can you develop to help you manage your forex trades? Here are three.

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?

Keeping a positive outlook despite all the challenges might not be enough to guarantee a better performance. Here’s how you can get better results.

I have picked the brains of my fellow FX-Men and asked for the top trading quotes that have inspired them or have helped step up their trading game. Here are our top 10!

While there’s nothing wrong with using biases to look for trade opportunities, stubbornly sticking to them could eventually spell trouble for your forex trades.

In my previous Pipsychology articles, I often discuss the things that can be done to improve one’s trading performance. This time, let’s take a look at some of the reasons why most traders fail.

What does being “flexible” mean for forex traders and what habits can we learn to develop trading flexibility? Let’s answer the most common questions.

If you want to treat your forex trading like a business (as you should), you should have a statement that summarizes your core purpose and goals. Here’s how to make one.

There’s no lack of traders who are willing to share tips to help maximize wins and minimize losses. Let’s look at four common suggestions and why forex newbies should pay attention to them.

Find out why knowing the difference between biases and predictions is important to your trading account.

The sheer amount of information and forex strategies available online can be overwhelming, so here are some tips to help you narrow your focus and figure out how you can learn about trading your way.

Did you blow up a live trading account? Don’t worry, it’s more common than you think. What’s more, you can bounce back from the situation. Here are four steps that could help.

Have you ever gone through a rough patch in your forex trading and couldn’t seem to figure out what was going wrong? You might be encountering some of these common newbie problems.

If you find yourself dealing with the same set of problems for months (or even years), then it’s time to take a closer look at possible reasons why you can’t move on from them.

I’ve often been asked whether trading psychology is really important for a trading newbie or if it’s just overrated. So how important is it to forex trading? Here are my two cents.

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

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?

Revenge trading is one of the most common and most dangerous practices for forex traders. How do you know when you’re doing it and how can you avoid it?

Anything worth having doesn’t come easy, and that includes success in forex trading. How long and how intense should our efforts be before we can rightfully expect reasonable trading results?