Successful trading essentially involves two factors: the state of your mindset and the situation reflected on your trading charts. The crucial point is to harmonize these two factors, rather than allowing them to clash and lead to failure. This post provides a quick checklist of tips that you can implement to enhance the probability of successful trading. The checklist is … [Read more...] about Boosting Your Chances of Trading Success
5 Trading Pitfalls to Avoid at All Costs
The practice of trading is not without its pitfalls. Traders are susceptible to certain "evils," which can lead to negative outcomes if left unchecked. The human brain has a remarkable capacity for absorbing information, but this can sometimes be a hindrance to successful trading. To achieve success, traders must learn to sift through information and filter out unnecessary … [Read more...] about 5 Trading Pitfalls to Avoid at All Costs
The Winning Mindset of Professional Traders
Have you ever wondered what sets professional traders apart from the rest? Is it their access to confidential information or their exclusive trading systems? You may have asked yourself these questions before, especially if you've been trading for a while and haven't achieved the success you desire. Instead of focusing on what professional traders have that you don't, the … [Read more...] about The Winning Mindset of Professional Traders
The Obstacles Preventing You from Trading for a Living
The single biggest reason you’re not making a living trading is because you feel like you have to making a living and you’ve gone ‘all in’ with your capital and emotion. You might assume that your failure to achieve financial success as a trader is due to not yet discovering a revolutionary trading system or a set of secret strategies that guarantee profits. However, the … [Read more...] about The Obstacles Preventing You from Trading for a Living
Can One Make a Sustainable Living through Forex Trading?
Is it possible to earn a sustainable income through Forex trading? This is a common question among aspiring traders. The answer is yes, but it requires consistent and correct actions. Many traders lack the necessary skills, discipline, patience, and realistic mindset to succeed in the market long-term. However, with the right knowledge and approach, it is achievable. The … [Read more...] about Can One Make a Sustainable Living through Forex Trading?