Psychology

Losing is as much part of forex trading as winning. However, a stream of losses or consistent lack of profits could be a sign that changes need to be made.

There’s nothing wrong with setting high expectations but problems could arise when you set unrealistic ones. Here’s why managing expectations is important to your trading success.

Nobody likes close a losing trade. But forex price action is random and having wrong trade ideas is inevitable. Here are three factors you CAN control to limit your risk exposure.

Before you venture into home-based forex trading, you should know that there are differences between trading from an office and trading from home.

One way to speed up your trading development is through bouncing ideas around with your fellow traders. Here are simple guidelines on sharing your thoughts with the forex community!

We’ve often talked about how your body is your most important tool in trading forex. In this piece, we’ll examine the ways being aware of your body can help you execute your trades more effectively.

We here at BabyPips.com have always stressed the importance of deliberate practice to improve your forex skills. Let’s take a look at 4 possible factors that could sabotage your process.

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

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.

The fear of losing is often discussed as a factor than can hinder your trading performance, but the fear of success can be quite crippling as well. Here are three tips that might help!

Forex trading is a business and, like any other business, it needs the right set of tools in order to maximize your trading skills. Here are some tips on setting up your trading station.

Is short-term forex trading for you? Here are five things you should take into consideration if you’re planning to practice scalping or day trading.

Consistently profitable traders know the importance of tracking the rights and wrongs of the trades that they take. Unfortunately, the cost of the trades that they DON’T take is too often overlooked.

If you’re planning on adding “scaling into positions” to your forex trading skills, then you should at least be aware of the possible effects of adding to winning or losing trades on your trading psychology.

Are you still trading whatever setup you come across? Or have you narrowed down your focus to ones that match your trading personality? Here are four factors you should consider when trying to pinpoint your forex trading niche.

In a market where every pip counts, missing out on a good breakout or trend-reversal trade can take its toll on your trading psychology. Here are three possible reasons why you keep on missing these opportunities.

Just because your forex trading account is in the green doesn’t mean you should stop working to be better. Here are three factors that might be limiting your profitability.

In your journey to be a consistently profitable trader, the urge to bag those extra pips can be too irresistible. As a result, you sometimes force your trades.

Have you ever had a strong gut feeling that a currency pair will move a certain way? Here’s why it’s okay to trust your forex instincts when making decisions.

If you’ve been in the trading scene long enough, you start to notice common sentiments across different discussion groups. I’ve listed down five usually heard from forex newbies. Any of these familiar to you?