Psychology

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!

Staying profitable in the long-run requires you to be able to adapt to constantly changing market conditions. Here’s how you can go about it.

Once you’re past the initial learning stage and have chosen a basic trading framework that you feel fits you, then the self-coaching really begins. Here’s how to make it work.

Like any necessary activities in forex trading, testing your strategies can provide you with the tools you need to get that extra edge over the markets.

How long and how intense should our efforts be before we can rightfully expect consistent trading results?

Most trading psychology articles encourage you to work on your weaknesses, but it’s equally important to keep building on your strengths.

If you feel frustrated over your performance, don’t worry. It may be that you’re forgetting a few basic truths about trading.

Have you successfully formed the habits that you said you would at the start of the year? If you haven’t, then here are four tips that might help you get closer to your goals.

If you find yourself having to work on the same set of trading issues or problems month after month or year after year, then you might need to address any of these concerns.

It’s no secret that trading can bring a lot of pressure and stress. Here are some of the likely roots of trading anxiety and how you can fix them.

Instead of taking responsibility for a bad trade, we blame the market, our broker, and sometimes even the cat outside the window. Are you guilty of any of these habits?

Do you let your past mistakes dictate the way you manage your future trades? If you are, then it’s time to stop letting regret keep you from taking trades.