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Forex Psychology
Why Market Analysts Don’t Always Make The Best Traders
Too often, professional Forex and stock market strategists are questioned as to why they, themselves, do not trade.
“If you claim to know what is going to happen and how the market will move,” they say, “then why don’t you just trade…
Trading like a CFO – Control
Control is unfortunately quite frequently the most forgotten aspect not just of trading, but of management in general. In this context it means comparing the final results with the original plan, seeing if they match and figuring out what…
How to Develop a Winning Mindset?
Having the right trading mindset is an integral part of surviving in the financial markets. By building on the correct set of attitudes, beliefs, and habits, you stand a better chance of being able to successfully weather obstacles in the…
Rebuilding Your Confidence After a Loss
According to the results of a study conducted on over 43 million trades worldwide from Q2 2014 through to Q1 2015, across the 15 most popular currency pairs; more than 50% of traders made money most of the time and closed out at a gain.…
Trading Psychology Basics: What You Need to Know
Trading is a profession that demands extreme control over the mind. After all, precious money is involved, which could be lost in the blink of an eye. As much as trading depends on strategies, efficient and faster platforms and risk…
Psychological Challenges of Trading
Trading can be an extremely challenging endeavour. While many traders believe that the key to success simply lies in finding a profitable system and applying it, most underestimate the psychological challenges of trading, particularly the…
3 Steps to Building a Winning Mindset for Successful Trading
Statistics say that hardly 2% of traders actually make the cut. The remainders of the 98% are merely a flash in the pan. Some traders give up at the first taste of failure; others continue to spend money in hopes of finding the 'Holy Grail'…
Boost Your Profitability With Meditation
Learn How To Take Control
Although trading financial markets can be incredibly rewarding, there is no doubt that it can also be extremely stressful. Indeed, one of the major hurdles that traders must overcome in order to achieve success is…
Trading Psychology: Pressure to Trade
Originally posted by Nathan Batchelor on LittleFish FX
Pressure to Trade
First of all, I would like to start by saying that when I first started out trading and learning from other more experienced traders, and to a large degree…
What Happens When Finance Professionals Burn Out
On your best days, your job will make you feel driven, motivated, and enthusiastic. You’ll wake up in the morning excited by the idea of heading into the office and working hard to bring home awesome results. You’ll have clear goals in mind…