Psychology

Trading conditions have been pretty fickle, so it’s important to adapt. But this doesn’t mean abandoning your trading plans altogether!

One of the downfalls of setting specific profit goals is that it causes you to get frustrated when you’re not hitting them.

Unfortunately, many traders have difficulty taking the next step and trading bigger positions. Here are some tips to help you level up.

Trusting your market edge prevents you from trading impulsively or taking revenge trades. But how to you find your edge in the first place?

Time to look back on the trading goals that you made at the beginning of the year and see if you need to make any changes!

If you find that you’re having trouble with your trading mindset today, then this list is for you.

What’s the connection between being an elite athlete and trading? Here are some traits that contribute to their topnotch performance.

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.

It’s not enough that you identify your biggest obstacles in forex trading profitability. You also have to act on it. So, where do you start?

Successful traders are made, not born. Nothing can prove this concept more than the story of the Turtle Traders.

Losing is as much part of trading as winning. So how do most market players process trade losses? Here are four stages you should be familiar with.

With enough practice and adjustments, your visualization routine can give you an edge in becoming a consistently profitable trader. Read the three tips to get you started.

Losing is inevitable in trading, so you might as well learn how to deal with losses. Here’s one unusual yet effective trick that helps.

Pressing your advantage is a good skill to have, but sometimes this strategy can get you into trouble. Here’s how you can utilize it properly in trading.

Just because a majority of the traders out there have a certain trading bias, it doesn’t necessarily mean that they’re right. When should you go against the flow?

While tennis GOAT Roger Federer’s advice to Dartmouth’s graduating class apply to life in general, some of the “tennis lessons” he shared are also very relevant in trading.

Among all the emotions experienced by each and every forex trader, there is one that is most damaging to an account and psyche. What is it and how can you avoid it?

Before you open a live forex account, it is important that you familiarize yourself with the most common trading psychology mistakes newbies make.

A common mistake that traders make is overtrading, believing that more positions taken translates to higher chances of winning.

Even seasoned traders can lose composure and let emotions take charge, but keeping your cool will help you stay objective. Just keep these three simple tips in mind!