Much has been said about the importance of mastering your trading psychology. And though there are many different ways to accomplish this goal, perhaps the most practical and effective way of doing so is by keeping a psychological trade journal...
Other
  • 160
  • 2
18 June 2016, 20:59 #trading system
We’ve often talked about how your body is your most important tool in trading. Consistently profitable trading requires focus and you’ll need your mind and body in top form to execute your strategies flawlessly...
Other
  • 91
  • 1
18 June 2016, 20:56
Ever heard of the line, “Try and try until you succeed”? I’m gonna let you in on a little secret. Sometimes it doesn’t apply to trading. One common mistake that newbie traders make is overtrading...
Other
  • 86
  • 1
18 June 2016, 20:52
Welcome to another NFP week, fellas! Have you started looking for trade opportunities this week? If you haven’t, then let’s get your feet wet with these four catalysts that could cause volatility for the Aussie pairs! 1...
Statistics
  • 78
  • 1
18 June 2016, 20:46
In an earlier article, I’ve listed the typical challenges for home-based forex traders. In this post, I’ll give y’all some tips on how to limit distractions while trading from home. It’s 9:00 pm...
Statistics
  • 97
  • 1
18 June 2016, 20:41
A lot of high-performing individuals cannot succeed in their fields on skills and determination alone. Celebrities have their PR teams, managers, and glam squads to portray them in their best light. Athletes have coaches and therapists to maximize their talents...
Other
  • 127
  • 1
18 June 2016, 20:36
At least once in your trading career, you’ve probably felt the need to take more trades even though you’ve already incurred more than your usual daily losses. In such instances, you often think to yourself that with more trades you will be able to offset your losses for the day...
Statistics
  • 103
  • 1
18 June 2016, 20:33
In life, we often try to compartmentalize things to make sense of them. For example, we separate what we like from what we dislike, what we are good at from what we are bad at, and what makes us happy from what makes us sad...
Other
  • 65
  • 1
18 June 2016, 20:30
Having a bias is as natural as breathing and eating. Personal judgements, reasonable or not, are entrenched in our everyday activities. You use your biases, for example, to pick a restaurant, a potential date, or the school you want to place your child in...
Other
  • 66
  • 1
18 June 2016, 20:27
In trading, it is very easy to get lost in the game. You get on your trading platform, try to get some pips, and in the process you usually forget the most basic risk management practices. Here are five common habits that might help in limiting your risk exposure. 1...
Statistics
  • 120
  • 1
18 June 2016, 20:24