Reconciling Work and Forex Trading
Novice traders are unaware of how to reconcile work and trading. Should they leave their main jobs for full-time trading in the Forex market and when to consider trading as a primary source of income?
Psychology & Money Management
Psychology & Money Management
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.
Golden Rules for Every Investor, or Major Mistakes Newbie Investors Make
The number of those who’re new to our business increases every day. And reasonably, many of the newbies usually face a bunch of young investors' typical mistakes. But how to avoid them, you'll ask?
All Types of Money Management in Forex
Let's start this article by asking this question: “How much money can you afford to lose as a result of your next trade?”
The Problem of Trading Discipline + Infographics
Surprisingly, the main reason behind destroyed deposits is not an ill-designed strategy or a harmful money management method, but a trivial lack of discipline among traders themselves.
5 Questions About Forex That Will Never be Answered
Forex trading is probably the most ambiguous type of trading. There's no “Good”, “Bad”, “Right” or “Wrong” here; there's only a trader's subjective opinion of the market and the things happening there!
Do you suffer from Perfectionism, and How Does it affect your Trading?
By different estimates, psychology makes up to 70-90% of successful trading, and thereby perfectionism will affect your trading results as a psychological "malady" by some means.
Deliberate Practice vs. Set of Rules
Reading the title of this article for the first time, doesn't make it entirely clear what it's about. However, this is exactly the problem we want to raise.
A-book and B-book. Some New Facts on The Old Things
Forex industry has a small and dirty secret … It’s unpleasant for traders themselves, and brokers prefer keeping silence about it.
- 2
- 3
