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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 […]Continue Reading
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 […]Continue Reading
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 […]Continue Reading
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 […]Continue Reading
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 […]Continue Reading