Every trader has losing streaks from time to time. It's just part of the "game" of trading. But if you've been losing for a long time or if your losses are threatening to wipe out your trading ...
Using stop loss is a key part of managing risks in forex trading. Before you make a trade, you should be very clear on how much risk you are willing to take. Say you find a swing trade setup with a ...
When you trade the markets, do you feel like you're your own worst enemy? If so, you're not alone. This is how a lot of traders feel because, to be honest, they are usually their own worst enemy. ...
The non-farm payroll report is the safest news to trade on because it is closely watched. Even though the news from the ECB and the FOMC (Federal Open Market Committee) is the most predictable and ...
As a way to keep learning, traders should do what I call a "trade autopsy" on their trades. This means carefully taking apart and evaluating both successful and unsuccessful trades. When I first ...
In fact, frustration is a good way to learn. I was paying very close attention to an interview with a professional athlete. He was talking about playing one of the best teams in their league. ...
The most dangerous part of trading is when you refuse to see that you have any problems. All traders go through this "denial stage" with their trading problems at some point, and how fast they get ...
Trading is unquestionably a task that necessitates self-assurance. Having confidence helps you get through hard times. It gets rid of problems when you run into them and gives you focus, which is ...
You might be one of those people with a day job that doesn't pay much. You hear about forex trading as you look for ways to make money. You open a forex account with the small amount of money you ...
As a trader, I know exactly what you're going through because I used to be just like you, and I have thousands of members just like you. You see a good trade opportunity, but for some reason, you ...
Even though there is no "quick fix" that will solve all your trading problems and put you on the path to riches right away, there are some things you can do right now to make a big difference in ...
We've all heard "You can't beat the market" and "The house always wins," but we also all know that some traders and investors DO beat the market, just like some blackjack and poker players make a ...
