Psychology

Forex trading is not the line of work you want to be in if you’re a perfectionist. Here’s why you should stop obsessing about finding that one perfect trade.

Recency bias negatively affects the way a forex trader analyzes the market, as it clouds his judgment and damages his decision-making skills. Here’s how you can avoid it.

Have you ever heard about the four stages of grief? Here’s how these can also apply in terms of dealing with forex trading losses.

Forex trading stress can wear you down if you’re not careful, so it’s important to know how to deal with it. Better take note of these simple steps to take.

If you think you’re ready to make the leap from demo forex trading to putting real money on the line, make sure you’re able to answer these questions first.

Forex trading, just like any other new skill or endeavor, requires intense dedication to achieve great things. The reality is that not everyone gets to tell their own success story.

Having a proper trading journal is an important aspect of forex trading. Here’s how you can incorporate it in your routine and maximize its benefits.

Since forex trading shares similarities to warfare, it makes sense to consider a military strategist’s approach in learning about and dealing with market forces.

Adapting to change is easier said than done, but your job as a forex trader is to stay flexible. How can you stay updated about changing market themes?

Risk management can determine whether you live to trade another day or not since it can prevent you from putting too much on the line on a forex setup. Here’s how you can keep your risk in check.

Keeping track of your forex stats is awesome, but numbers are just gonna be numbers and they don’t really tell the whole story if you don’t include trading psychology.

If you want something really badly, making excuses just won’t cut it. Here are some of the worst reasons I’ve heard to NOT start forex trading.

I know it can be tempting to give up sleep or food in exchange for more time to watch the forex market and grab pips, but neglecting your physical well-being has its trade offs.

Have you ever had a strong gut feeling that a currency pair will move a certain way? Here’s why it’s okay to trust your forex instincts when making decisions.

The fear of losing is often discussed as a factor than can hinder your trading performance, but the fear of success can be quite crippling as well. Read on to find out why and how you can avoid this.

Keeping a positive outlook despite all the challenges in forex trading might not be enough to guarantee a better performance. Here’s how you can get more results.

What do Michael Jordan, Tiger Woods, and Taylor Swift have in common? And how can their positive approach to change be applied in your forex trading career?

Most forex traders tend to ignore breakeven trades since they focus more on the wins and losses. However, there’s more to this gray area than you think.

Performance anxiety can be crippling in forex trading when it prevents you from making good decisions. Here are some tips on how to overcome this type of pressure.

Since you should be treating forex trading like a business, it’s important to have a statement that summarizes your core purpose and goals. Here’s how to make one.