Category Archives for Trading Articles

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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Learn to Love Cash: Mastering the Art of Patience

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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5 Surefire Ways to Stop Losing on Winning Trades

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What is the most gut wrenching feeling you can have as a Forex trader? Missing a profitable setup is certainly one of them. But losing money on a once profitable trade is, in my opinion, the worst of the worst. You see your open profit climb with each passing hour and everything seems to be […]

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Bill Lipschutz: 7 Powerful Forex Trading Lessons + Exclusive PDF Outline

Bill Lipschutz

Bill Lipschutz is perhaps my favorite trader to study. Although he’s a fundamental trader, the things he managed to achieve and how he went about accomplishing them is nothing short of incredible. Whether it’s the trials and tribulations he endured to turn a $12,000 inheritance into hundreds of thousands of dollars while still in college or […]

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Forget About Finding the “Perfect” Trading Strategy (Do This Instead)

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Want to find a Forex trading strategy that works? Sure you do. Otherwise, you wouldn’t be here reading this. But unfortunately, most Forex traders are looking in all the wrong places. In fact, if you aren’t doing this one very simple thing you are making your life much harder than it has to be. What is […]

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The 5-Step Blueprint for Navigating the Forex Market Successfully

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The goal of achieving consistent profits in the Forex market is a long and often confusing process. And with a never-ending flow of new information, sometimes getting back to the basics is all you need. That’s why I decided to break the process up into five simple yet effective steps that anyone can follow. Although […]

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3 Must-Follow Rules for Setting Proper Trading Goals

Man walking to his trading goals

Just like any of life’s endeavors, becoming a successful trader requires goal setting. Unfortunately, many traders jump right into trading without giving the first thought to where they’d like their new found profession to take them. I would argue that goal setting is the most overlooked aspect when it comes to trading. And in my opinion, […]

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Why Trading With “Scared Money” Won’t Make You Profitable (And What to Do About It)

Broke man looking at his savings

If you want to win at trading, you can’t be afraid to lose. And trading with scared money – that which you cannot afford to lose – is a surefire way to fail at this endeavor. Attempting to justify the use of rent money, your grocery budget or any funds needed to pay for living expenses […]

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17 Insightful Quotes That Will Take Your Trading to New Heights

Best Forex trading quotes

Without question, one of the best ways to learn any skill is to study those who have already found massive success. Learning how to trade Forex or any financial market for that matter is no different. Legendary traders such as Paul Tudor Jones, Ed Seykota, and Marty Schwartz have all left a trail of clues […]

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5 Forex Trading Books You Need to Read

Man sitting on stack of trading books

Finding good Forex trading books to read can be more challenging than one might think. Sure, there are plenty of options, but finding one that resonates with your style of trading can be difficult. What’s worse is that most of them try to convey a particular strategy that may have worked for the writer many […]

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Newton’s Third Law of Emotional Forex Trading

You are probably aware by now that emotions and Forex trading are like water and oil, they don’t mix. The key to success in this business is discipline, and you can’t do that if you’re being influenced by emotions every time you sit down at your computer. But not all emotions are bad, right? For […]

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Forex Trading Losses Come When You Least Expect Them

Man sitting in chair in ocean during thunderstorm

Here’s a trick question for you – as a Forex trader, when are you most vulnerable to taking a loss? If you’re like most traders, you may be thinking you are most vulnerable following a losing trade and especially after a series of losing trades. While it is true that revenge trading – an explicit and reckless attempt […]

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Are You Worthy of a Larger Forex Trading Account?

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Everyone wants a huge trading account. Have you ever imagined what it would be like to manage a Forex account with $100,000 or the equivalent? How about $1 million or more? Sure you have. There isn’t a trader on earth who doesn’t dream about turning their $1,000 account into millions. It’s why we’re all here – […]

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