Psychology

While it’s very important to know how and when to enter a trade, it’s equally crucial to know when to exit. Here’s what you should consider.

There are instances when forex traders are just in it to win it, leaving them less focused on the process and solely on the profits. Is this as sign of addiction?

Testing the profitability of your forex trading strategy means sticking to it long enough to evaluate its strengths and weaknesses. Here are four cases when it’s better to let it go and move on.

While I’m a big fan of allotting time and effort to improving your forex strategies, I also believe that too much trading could do you more harm than good.

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.

If you’ve hit a slump with your forex trades, it might be helpful to zoom in to these three aspects to figure out how to recover and get your trading mojo back.

Deliberate practice becomes much easier when you, as a trader, expand your knowledge of trading. Here are some tips to help you out.

Deliberate practice in forex trading involves reviewing both winning and losing trades then actively adjusting to make improvements to one’s system.

If you’re hoping to take your trading to the next level but can’t seem to do so, you might need to examine if these factors are limiting your forex gains.

As much as we like watching them in popular cooking shows, professional chefs can offer more than our daily entertainment. Here are four things forex traders can learn from our kitchen-dwelling friends.

In forex trading, actively managing open positions is just as important as coming up with your plan. Here are three tips to help you manage your trades.

Winning your forex trades is important, but more crucial to your long-term success is expectancy. Here’s why it really matters.

You don’t need to trade full-time to be profitable in forex. But if you think that currency trading is in your blood, then here are four signs that you’re ready for full-time trading.

It is said that the failure rate in the forex industry is very high, with more than 95% of aspiring traders expected to drop out of the game within their first few years. Why is this so?

Some forex traders do well in teams while others perform better alone. Take a look at the pros and cons of each to see which one you’re more comfortable with.

Let’s take a look at some pretty easy (but necessary) forex trading habits that have helped many traders but might have missed your resolutions radar.

Forex trading itself is very challenging, and doing it part-time can pose additional obstacles. Here are some tips to help you overcome these.

I’ve often been asked whether trading psychology is really important for a forex newbie or if it’s just overrated. Here’s what I think.

How do you make profits on weeks when there are no new catalysts to shake up the forex markets? Here are a few options you could take.

For those who aren’t comfortable with purely mechanical systems or those who get carried away by their emotions in using a 100% discretionary approach, a hybrid forex trading style could work better for you.