Psychology

Forex trading comes with a lot of non-monetary benefits that are probably just as valuable, if not more so, as potential capital gains.

For many of us, we have to rely on ourselves to find that mentor who can guide us in our journey to become consistently profitable forex traders. Here are five signs to look for!

Here are 8 trading tips from some of the world’s best and most popular traders and investors. Which one can you relate to the most?

Why do traders have a hard time maximizing their trading winners? Here are a couple of tips to help you increase your confidence enough to press your trades!

Position size is a double-edged sword. It can make you big profits, but it can also lead to big losses as well. Make sure you practice proper position sizing!

Do you let your past mistakes dictate the way you manage your future trades? If you are, then it’s time to stop letting regret keep you from taking trades.

Success in forex trading takes time, patience, and a lot of practice. Do you think forex trading is for you? Let’s look at 5 common reasons why traders give up forex trading.

To become consistently profitable, you have to stay rational and emotionally detached. Here are 3 points to remember to help you keep your cool when trading forex.

Why do forex traders lose their trades? Let’s take a look at five common reasons and see if you can add your story!

One of the most common beliefs in any high-performance endeavor is that practice makes perfect. Unfortunately, repetition does not always guarantee progress.

If you’re finding yourself feeling stuck in the 9-to-5 grind of a regular job and unable to take forex trading to the next level, think about the freedom that full-time trading offers.

If you can twist a perceived negative thought, tendency, or trait into a positive one, you can get it to work for you rather than against you. Time to turn your weaknesses into strengths!

How long should you hold on to your trading systems before you decide whether or not you should keep using it? Here are four cases when it’s better to let it go and move on.

Looks like we’ve got a pretty busy week ahead of us. Here’s a nifty refresher for forex traders who are planning on taking risks in the next couple of days.

I usually encounter a lot of questions regarding the ideal amount of capital you should put in forex trading. Here’s my advice on capitalization.

Whatever your reasons are for wanting to attack the forex markets solo, you have to understand that nobody can, nor should, go through it alone.

If you’re good at picking tops or bottoms and if you think that these strong trends are already exhausted, you shouldn’t be afraid to take a contrarian approach to your trades.

The self-coaching process in forex trading can be broken down into a few simple steps. The challenge is in staying focused and motivated even when the times are tough.

Being mentored by a trading coach can do wonders for your forex career. Luckily, you can take a DIY approach and try self-coaching. Here’s how.

By forcing yourself to identify the emotions you felt when you made bad trading decisions, you might be able to see negative behavioral patterns and take actions to correct it.