Psychology

Sure, the FOMO is real these days. But jumping on ALL the bandwagon may not be the best decision for your trading account.

Think you’re tracking all you need to track in your forex trading journal? Here are five helpful metrics that, unfortunately, don’t often make it to traders’ journals.

In trading, it is very easy to get lost in the game. That’s why you should develop these habits to ensure your risk exposure is limited at all times.

You’ll need a winning mindset if you want to achieve consistent trading profitability. Read on for some characteristics you can develop to think like a winner.

If you are not psychologically prepared to handle the stress that comes with trading, no matter how good your strategy is, you’ll struggle to execute it properly.

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.

Instead of taking responsibility for a bad trade, we blame the market, our broker, and sometimes even the cat outside the window. Are you guilty of any of these habits?

Let’s take a look at four classic nuggets that are easily taken for granted and why we should pay closer attention to them.

Having an off day doesn’t necessarily mean that you’re a bad trader or that your system sucks. Here’s why you should stick to your max trading loss.

Whether you’re growing one big winning trade or you’re in a winning streak, here are points that might help you keep you level-headed and winning.

If you want to be consistently profitable, then you’ll have to be profitable across different trading conditions. Here are some tips when making adjustments.

Having a scientific mindset may just give you an edge in the forex market. Here are some tips on how you can apply it in trading.

Most home-based traders face more kinds of distractions that can take their eyes and mind off trading. Here are some tips on staying focused.

Here are three reasons why you’ll have better luck being the first man (or woman) to reach the sun than finding a “holy grail” for forex trading.

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 take a second look at.

Aiming for a good reward-to-risk ratio can help improve trading expectancy but also increase the pressure on you. How can you find one that works best?

Being properly funded will allow you to sweat out drawdowns and give you a higher chance of surviving long enough so that you may experience big wins.

The more you can stay focused on your ongoing experience, the more you can trade effortlessly and skillfully. Here are some tips that can help boost concentration.

Much has been said about having a trading strategy and sticking to the plan, but what exactly do you need to build a profitable one?

When traders make decisions based on emotion rather than analysis, they are more likely to take on excessive risk, miss out on potential gains, and ultimately, lose money.