Psychology

The end of vacation season is around the corner and you know what that means – another fresh start at making profits! Here are a couple of points you need to remember before you make your post-vacation trading goals.

The importance of growing psychological capital is probably even more important than increasing your account balance when talking about long-term trading success.

No matter your friends, neighbors, and brokers tell you, there’s no such thing as “holy grail” in forex trading. Here are three reasons why.

While trading bigger positions can give you bigger wins, it can also magnify your losses and wipe out your entire account. Here are three tips to help you increase your risk.

Starting out in the forex market is an exciting experience but you take care not to make these dangerous mistakes that beginners usually make.

Like other high-performance endeavor, forex trading involves a lot of risks. Here are three risks that are easily overlooked but are no less dangerous to your trading account.

So you’ve been trading on a demo account for months now and you think you’re ready to go live. But are you REALLY ready? Here are five signs you should look for.

When you’re in a slump and you watch your account bleed out, it can be hard to find the right motivation to continue trading. But don’t be discouraged, young Padawan. Here are reasons why you should look past the money.

For many traders, information is picked up from the internet in the form of trading blogs. So which ones should you pick among the bajillions available? Here’s a little checklist.

Experience in the forex market can convince traders into believing that they can fully predict price action. Unfortunately, “predicting” trades is rarely productive and could even cause deep drawdowns in your account.

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.

Believe it or not, there ARE traders who are making enough moolah from trading alone. Is full-time trading for you? Here are four steps you should consider.

Trading outside your comfort zone opens you to opportunities that could make you a better trader. Here are a few tips on how you can challenge yourself.

Is forex trading like playing poker? If so, what are the similarities and what exactly can we learn from poker players? Read on to see the three things we can get from successful poker players!

Like any high-performance endeavor, how traders process information is important in acquiring expertise. Are you mixing up information that you think are relevant to your trades?

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.

After consecutive winning trades, some traders start to think that they got it all figured out and start to cut corners in their execution. This, my friends, is the start of a trading yo-yo.

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.

On the internet, it’s easy to get answers but it’s very hard to get the right ones. Here’s why learning from successful traders is the most efficient way to get secondary information.

Not being able to stick to your forex trading plan may be more than just a result of mere impulsiveness or the lack of discipline. Here are some other factors you should review.