Psychology

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.

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.

When traders cross over from demo to live trading, they usually believe that their demo results can be easily replicated on a real account. Here are three things that could challenge that belief.

If you’ve caught yourself thinking that you’re doing something wrong over and over again but you don’t know what it is, maybe it’s time you start a psychological journal.

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!

Journaling your trade is essential if you want to be consistently profitable. But let’s face it; it’s not exactly the easiest task. Here are three reasons why you should consider taping your trades.

If you’ve only just heard about forex trading or have been planning to become a currency trader for months but still haven’t gotten around to it, here are 5 excuses that you shouldn’t be making.

With almost half of the year behind us, it’s time to look back on the trading goals that you made at the beginning of the year and see if you need to make any changes. Here are some tips to get you started!

Winning forex traders learn from failure, don’t care if they look bad and aren’t afraid to take risks. Trade like a winner… in your own way and on your own path.

Given that major events have been rocking the financial markets lately, it looks like there’s still a lot of uncertainty left in the forex arena. How can you prevent this from crippling you with fear?

So how can you protect yourself from black swan event losses? Or, failing that, how can you pick yourself up from your trading losses? Here are three things you can do.

With all the uncertainty surrounding the EU referendum this week, I’ve decided to repost an oldie but goodie article. Should you take the risk or sit on the sidelines?

Trading with a stressed mind and body can be harmful for your performance but if you don’t have time to take a vacation yet, here are some quick and simple ways to bring your stress levels down.

Like any necessary activities in forex trading, testing your strategies can provide you with the tools you need to get that extra edge over the markets.

Positive thinking is simply being optimistic about things and hoping for the best possible outcome, but this mindset can be damaging to your forex performance when left unchecked.

In trading, it is very easy to get lost in the game. Here are some risk management practices that are commonly overlooked. Make sure you check yo self before you wreck yo self!

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.

By embracing weakness, you allow yourself to grow and broaden your horizons. You learn what works and what doesn’t, leading you to become a stronger and more successful trader.

Having an off day doesn’t necessarily mean that you’re a bad trader or that your system sucks. Here’s why you should take a break when you’ve hit your max trading loss.