Psychology

Whether you’re a seasoned trader or just a newbie, I’m sure that by now you’ve already come across a few generalities about forex trading. Some may have some truth to them but these three are nothing but myths.

It seems that everyone is still buzzing about The Fight of the Century so I’ve decided to come up with a play-by-play analysis of the lessons forex traders can learn from the bout.

For those who have just heard of forex trading and are seriously considering becoming a currency trader, here are 5 excuses that you shouldn’t be making.

If you want to take your forex trading to the next level but can’t seem to improve your profitability, make sure you eliminate these potential limitations.

It is often said that, when it comes to forex trading, you should play your strengths. Here are some tips to help you identify what you’re good at.

Not that we’re a few weeks into a new trading quarter, how are your forex trading resolutions holding up? Here are a few tips that could help you sustain changes in your strategy.

It can be said that forex trading is one of the most challenging markets to master. Like any wild beast that’s awake 24 hours a day, it can be a wee bit irrational and cranky.

Enough experience in the forex market can delude some traders into believing that they can fully predict price action. Here’s why you should avoid it.

For many of us, we have to rely on ourselves to find that mentor who can guide us in our journey to become consistently profitable forex traders. Here are the traits you should look for.

Apart from fear and greed, regret can also be a powerful emotion affecting your forex decisions. Here’s how you can take control and use regret to your advantage.

Have you ever ditched your forex trading plan? If not, you should read this anyway because you’re most likely lying. If you have, why do you think you’re so “unfaithful”?

Seasoned forex traders stay calm and relaxed even after a series of losses. They don’t let the natural ups and downs of trading affect them emotionally. Here are some tips that might help.

Most new traders think they can quickly start increasing their position size just because they get lucky on a few forex trades that turned out to be profitable.

A fundamental mistake many novice forex traders make is to forget to assess what type of market they are working with and adjust their approach accordingly.

Experiencing fear is normal but can be bad if it leads to bad forex trading habits & bad decisions. Here’s 3 steps to deal with fear and keep you on track.

Knowing what you are comfortable with and finding the system or method that matches your personality will help you better adapt to the always-changing market environment.

Consciously sticking to your forex trading rules is a solid step towards forming good trading habits. Here are some tips that might help.

Distractions take our eyes and our mind off what we should really be focusing on in forex trading. Here are some tips that might help you concentrate.

In forex trading, it is very easy to get lost in the game. You get on your trading platform, try to get some pips, and in the process you usually forget the most basic risk management practices.

And just like that, the first quarter of 2015 is about to end. Time flies when you’re catching pips, huh? But could this mean the end of strong forex trends and a change in market pace?