Is Forex Trading Easy?
Many experienced traders can make it look as if Forex is easy. Just as many professional race car drivers make what they do look easy. It takes a lot to be successful in anything.
Psychology & Money Management
Is Forex Trading Without Indicators Possible?
Technical analysis is a topic that divides online trading communities. Your first thought might be that traders are bickering about which indicators and technical analysis setup will deliver the best results. But as a matter of fact, traders are normally debating the concept of Forex trading without indicators.
9 Things I Wish I Knew When I Started Trading Forex
Trading Forex is quite an adventure. Many people choose to travel the world to ‘find themselves’. If you really want to embark on a soul-searching experience, trading is an excellent way to genuinely get to know yourself.
Do You Need a Trading Diary?
A trading journal is one of the most important tools for every forex trader. It is a record that contains everything about your trades, from your trades entries and exits to the strategies you used. Your trading diary gives you a clear view of your performances in your past trades. And with that knowledge, you can analyze your past errors and learn to avoid them in your future trades.
Mistakes of a Novice Trader: Tips on How to Avoid the Same Errors
The number of winning traders is only 5% of the total. They made their mistakes, gained invaluable experience, and learned how to achieve results.
Being a Part Time vs Full Time Forex Trader
For many of us, we trade Forex because it offers us a chance of being free.
Should You Tell Anyone You Are a Trader?
Everyone knows that trading in the financial markets is often accompanied by significant emotional and psychological stress. Moreover, the recipe to success here depends mostly on the right mindset and ability to cope with own emotions.
Reconciling Work and Forex Trading
Novice traders are not aware of how to reconcile work and trading, whether they should leave their main jobs for full-time trading in the Forex market or when to consider trading as a primary source of income.
A Little Trick Protecting You Against Tilt at the First Losses
A brief psychological note on how to protect yourself against tilt (distress) as a result of a series of losing trades.
Psychology of Breakeven: Don’t Let Your Profits Run Away
We all want to be on the plus side in Forex. But how do we assess our profitability? In most cases, we compare the amount of incurred losses with that of profit. However, this indicator alone cannot be sufficient motivation.
