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9 Things You Didn’t Know About Successful Forex Traders

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What is it about successful Forex traders that sets them apart from the rest? A well-known figure in the Forex world is that 90% of Forex retail traders do not succeed. Some publications quote failure rates as high as 95%. Regardless of the actual number, having interacted with thousands of traders over the years, I […]

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How to Avoid Giving Back Trading Profits After a Big Win

Forex trading piggy bank with lock

Putting on a profitable trade isn’t that hard. With a 50/50 chance of being right, the initial odds of coming out ahead are quite favorable. What is difficult, however, is holding onto those profits. How many times have you had a big winning trade only to give all your profits right back on the next […]

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5 Trading Resolutions for a Successful 2018

Jumping from 2017 to 2018

A new year means new opportunities. It’s a time to reflect on what you did well in 2017 and what can be improved in 2018. For a trader, that means figuring out how to make the new year a profitable one. Maybe you over-traded last year. Or perhaps you rushed your entries. Whatever the case, […]

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The 3 Worst Times to Trade Forex (And When to Trade Instead)

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Everyone wants to know where to buy or sell a particular market. Is the 1.1800 area primed for a short or should you wait for 1.1900? But the truth is, trading is as much about knowing when not to trade as it is knowing where to enter a position. That may sound like the same […]

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17 Forex Trading Tips You Need to Start Using Today

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There’s no shortage of Forex trading tips online these days. A quick online search will inevitably provide you with an endless supply of tips to help with your trading. However, I noticed that many articles were repeats. On top of that, most of the materials only skimmed the surface of their topics, making the learning […]

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Ed Seykota: 5 Trading Rules That Actually Work

Man standing at top of stairs looking through keyhole

Ed Seykota is one of the best traders of our time, if not the best. Although he doesn’t trade currencies or use price action per se, the lessons we can learn from him are just as valuable. I find this to be true of all successful traders. The market doesn’t make the trader. After all, […]

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3 Costly Trading Habits That Are Holding You Back

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Developing costly habits as a Forex trader is all too easy. There is no boss to tell you what to do and when to do it, and you can risk as much or as little as you like. While these types of freedoms are what attract many people to trading, they can also create habits […]

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The 5-Step Trading Routine to Reduce Stress and Increase Profits

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Trading can be stressful, not to mention frustrating, when just starting out. Any business where you’re directly risking hard-earned money is bound to give you some anxiety, or potentially a lot of anxiety in some cases. But it doesn’t have to be that way. Apart from the financial risks, trading is stressful because there are […]

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Want to Succeed at Forex Trading? Learn to Avoid It First

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Why do so few succeed at Forex trading? The answer to this question is incredibly subjective. Some will say it’s because the market is rigged for us to fail, or that retail traders don’t have sufficient resources to compete. There may be some truth to those, particularly the first. It’s no secret that the odds […]

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How to Achieve Insane Patience When Trading Forex

forex-patience

If I didn’t know any better, I would think Forex traders hate money. Well, at least 95% of them. The way they overtrade on the lower time frames and make emotional decisions is perplexing. And let’s not forget the blown account or three in the first year of business. But I’m not judging. I was once […]

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