Five Ways to Avoid Forcing Your Trade

Five Ways to Avoid Forcing Your Trade
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A “forced trade” is essentially what we call trades that you take on by sidestepping your usual trading rules, either by engaging in a trade that’s too large, or merely trading more often than you should. Although this perhaps sounds innocent, making forced trades is really one of the most common, yet most serious mistakes […]

Four Things You Need for the Perfect Home Trading Room

Four Things You Need for the Perfect Home Trading Room
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Regardless of what you’re working on, the ambiance matters. Putting careful thought into designing the area where you work will significantly enhance your efficiency. Whether you’re an experienced forex trader or are just getting started, a well-designed trading room will undoubtedly help you out. So, what should you focus on while creating a trading station […]

Life Lessons You Can Learn from Forex Trading

Life Lessons You Can Learn from Forex Trading
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The single reason that most traders cite as their main motivation for getting into forex trading, without a doubt, is money. And that’s not a bad thing, as forex trading can certainly be a great way to make a lot of money. And just to set the record straight: There’s nothing wrong in acquiring wealth […]

How to Manage Forex Trading Risks

How to Manage Forex Trading Risks
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Managing your risk in forex trading is the key to become a successful trader and make money. A lot of times, traders lose money not because of lack of skill, but due to poor risk management.  In this article, we will discuss the different methods that are available to minimize risk in forex trading, helping […]

Divergences and Why They Work in Trading

Divergences and Why They Work in Trading
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Divergences between different technical indicators, and between indicators and price, is an interesting concept in technical analysis that appears to work remarkably well. In this article, we will take a closer look at what they are, why they work, and how you can use them to profit consistently from any financial market – forex, stocks, […]

How to Supercharge Your Focus and Boost Your Trading Results

How to Supercharge Your Focus and Boost Your Trading Results
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Do you ever find yourself struggling with your discipline, productivity, and focus while trading on your own? If yes, you are not alone. In particular among people who decide to venture into full-time forex trading, it is common to experience some difficulty in transitioning to a life where nobody tells you what to do all […]

Trading the Dollar as Trade War Looms

Trading the Dollar as Trade War Looms
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As the trade war between the world’s biggest and second biggest economies intensifies, leaders of both the US and China seem determined to continue to slap tariffs on each other, most likely fearing the loss of “face” among people in their respective home countries. This past Tuesday, a new round of tariffs was announced by […]

3 Tips to Improve Your Trading Mindset

3 Tips to Improve Your Trading Mindset
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In trading, mentality is one of the most important ingredients for success. Without the right mindset, the motivation, and enough “emotional capital,” it simply becomes impossible to succeed at this game. It’s for good reason that you often see former top athletes, special forces soldiers, and other high-performers becoming some the most successful traders and […]

Risk Management is the Key to Survival for Traders

Risk Management is the Key to Survival for Traders
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Have you ever wondered why professional traders seem to talk more about boring things like risk management, position sizing, and diversification rather than the latest profitable trading strategies? As a new trader, I always struggled to understand this. After all, it’s the trading strategy that makes us money, right? While technically true, thinking that just […]

Why Does Technical Analysis Work?

Why Does Technical Analysis Work?
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Have you ever wondered what makes technical analysis of a market really work? Take support and resistance levels for example. If you observe that the EUR/USD is struggling to get past the 1.17 level, is there some magic ceiling there that is preventing the price from moving through it…? Or when you see a head […]