Trading Psychology

Even for the most experienced traders, the above is still true. For that reason, memorizing the subtle nuances of each trade is of the utmost importance, as this is how we recognize mistakes and ultim...
Trading Psychology

Imagine for a moment that you're a newly appointed trainee chef. Eager, excited and ready to get in the kitchen, the head chef unexpectedly throws you a curve ball. He asks that you begin preparations...
Trading Psychology

If you want to be a successful forex trader, greed is probably the biggest obstacle you'll have to overcome. If you try to get rich on every trade, you'll more than likely end up blowing your account ...
Trading Psychology

For the subject of this week's article, I thought that I would take the time to explore the thought process behind most trading decisions we make during our FX speculating. As you may already know if ...
Trading Psychology

From a psychological standpoint, taking trades on a demo account compared with trading in the live market are two completely different animals. Think tame house cat and wild lion! Regardless of how lo...
Trading Psychology

Did you know that you do not have to be right each time you interact with the market? Heck, you don't even need to be correct 50% of the time to bank a profit in this business! Once one has mastered a...
Trading Psychology

Trading, especially to the unaware, is generally intimidating. Some would even go as far to say that it's frightening! Over time we've heard it all: 'participating in the market is a sure-fire way to ...
Trading Psychology

What is the first thing that you do when you want something with an intense desire? When you want it so bad you can taste it? When you can feel the desire in your bones? When you're driven by a desire...
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