Dr. Pipslow

A mistake many forex traders make is to forget to assess what type of market they are working with and adjust their approach accordingly.

With all the crazy moves in the markets these days, I’m sure some are staring at large drawdowns or dealing with a blown trading account.

Once you accept that it’s IMPOSSIBLE to completely predict market behavior, you’ll have an easier time making adjustments to your strategies.

Having trading biases can impair our ability to read the markets objectively and make good trading decisions. The first step to overcoming these biases is to become fully aware of them.

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.

One distinguishing trait I’ve noticed among successful traders is their ability to figure out market themes by recognizing and taking advantage of patterns from different assets and time frames.

If you’re finding yourself feeling stuck in the 9-to-5 grind of a regular job and unable to take forex trading to the next level, think about the freedom that full-time trading offers.

In trading, it is very easy to get lost in the game. Read the five everyday habits that may help in limiting your risk exposure.

Some say that volatility is a forex trader’s best friend. But how do you make profits when there are no major market catalysts?

Instead of focusing on your trading weaknesses, look at these under a new light – a process called positive reevaluation – and turn them into strengths.