Fear is the trader’s worst enemy. Fear taps into the primitive part of the human brain, triggering a fight or flight response. When this happens to a trader you start making fear-based decisions, such as holding onto your losses too long and cutting your winners too short. Successful traders are still human, but have managed [...]
No Comments. Continue Reading...The promise of quick riches is drawing more and more people to the forex market, and for good reason – big profits are possible on the forex market. However, the forex market can also be highly risky to the new trader, especially one that hasn’t familiarized themselves with the fundamentals of currency trading. The first [...]
1 Comment. Continue Reading...A sad fact of forex trading is that the vast majority of aspiring traders never achieve the success they desire when they first begin trading. There are several psychological hurdles that every successful forex trader must overcome before they become consistently successful, and we’ll focus on one of the major hurdles in this article. A [...]
No Comments. Continue Reading...Forex trading is already hugely popular and becoming more popular day by day. Let’s take a look at why Forex is the best market in the world to trade. Forex is the largest market in the world The combined volume of equity and futures markets pales in comparison to the daily volume of the forex [...]
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