Category: Forex News

You’re like a deer in the headlight staring at your screens, feeling overwhelmed by all the new information and forex market movements. You feel the pressure to perform. You haven’t made a winning trade all week. The bills…

Why do you trade forex? Let me guess… Because you want to make a ton of money and be able to buy anything you wish? While this is a perfectly valid reason, it will most likely lead to excessive…

One of the most popular discussions in trading forums is how much a trader should risk per trade. A lot of them go by the standard 1% to 2% while the more aggressive ones sometimes recommend risking as…

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…

To be a successful trader, you have to do more than just simply trade when the markets are open. You have to prepare for what you’re about to get into, so that you can make smart, well-informed decisions…

If you’ve been trading long enough, then you’ve likely experienced a time when you feel like you’ve lost your trading mojo. Whether it’s because you took a long break from trading; had a string of losing trades, lost…

By now, I sure hope you have enough trade journal entries to help you recognize recurring patterns in your trading behavior. If you’ve had the chance to review your past trades in your journal, you can probably pinpoint…

Enough experience in the forex market can delude some traders into believing that they can fully predict price action. After all, if you have years of screen time under your belt and you’ve put in the 10,000 hours…