Psychology

In order to become a successful trader, one has to have a bit of swagger on the charts. You wouldn’t want to be a soldier marching on to battle cowering under your shield, would you?

A lot of traders make the mistake of focusing too much on making money instead of becoming a good trader. Unfortunately, this practice is hardly the way to consistent profitability.

Trading is a marathon and not a sprint. There will be times when you’ll find it hard to keep up with the market and that’s okay.

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!

Identifying your ideal position size is more than just following the 1%-2% rule. Here’s why your tolerance for risk plays a bigger role in your trading performance than you think.

Trading is a matter of getting the law of averages to work in your favor. Don’t let unjustified wins interfere with your ability to maintain discipline.

Keeping score is crucial if you want to be a serious trader. The more you know about what you’re doing and how you’re doing it, the easier it is for you to address your weaknesses.

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.

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

It’s easy to get caught up in daily defeats, but winning minor battles and learning from your defeats will help you win the war.

Think you’re ready to become a short-term trader? Here are five things you should take into consideration if you’re planning to practice scalping or day trading.

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.

Earlier this week we explored 5 ways to tell if forex trading is taking over your life. Here are five MORE experiences you can relate to!

If you’re thinking of trading currencies but don’t know how or where to start, then this post is for you. Here are six steps you can follow before you risk real money on your first trade.

Spending considerable time in the forex arena is bound to take over some aspects of your life and that’s not necessarily a bad thing. How many of these have you experienced?

How do you get to the point in your forex trading career wherein you have gained enough experience to label market behavior and switch trading strategies accordingly?

Making money in a trending or high-volatility trading environment is easier for many forex traders. Being consistently profitable when there’s not much going on, however, is a bit trickier.

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?

Summer’s over and it’s time to get back in the grind! Whether you spent the last weeks hitting popular tourist destinations or binge-watching movies on Netflix, there’s no reason not to hit the ground running at the start of September.

In keeping with the post-summer, back-to-trading theme this week, let’s have a quick rundown of the points you need to remember when placing your trade orders.