How to Set Goals as a Beginning Forex Trader
What is your goal as a forex trader? Here are some ways you might reply: “My goal is to make a million dollars trading forex.” …
What is Your Attitude Toward Risk In Forex?
In some recent trading psychology posts, we explored how our attitude toward failure and our locus of control can impact our effectiveness. In today’s post, …
How Much Should You Risk on Each Forex Trade?
Along with a forex trading system, one of the things you will need to trade FX is a money management system. This requires you to …
What is Your Attitude Toward Failure in Forex?
“It doesn’t matter how many times you fail. You only have to be right once and then everyone can tell you that you are an …
What is Your Locus of Control in Forex?
Trading forex is an inherently risky activity. It is one where your outcomes hinge on a combination of skill and luck. One concept in psychology …
How Do You Demo Test a Trading Method?
In a recent post titled “How Do You Backtest a Trading Method?”, we explained how you can conduct a backtest once you find a trading …
Is There a Holy Grail of Forex Methods?
Sometimes, you will hear people talking about the “holy grail” of forex trading. In theory, the “holy grail” is a forex system that is so …
How Do You Backtest a Trading Method?
In our post “Where Can You Find a Forex Trading System?”, we gave you some tips for how you can find or build a forex …
Where Can You Find a Forex Trading System?
In the post “The 3 “M”s of Forex : Method, Money, Mental,” we discussed the importance of finding a trading method or system for forex. …
10 Common Price Action Patterns
If you are looking for an elegant way to trade with minimal noise on your charts, you cannot beat price action. In this guide, we …