Today's lesson delves into one of the most crucial aspects of trading: the dilemma of trading news versus trading price action. Personally, I am not inclined towards trading the news or relying on fundamentals. This article aims to elucidate the reasons behind my stance. Many traders ponder whether they should pay attention to Forex news and fundamental variables, and how to … [Read more...] about Exposing the Facts about Forex Fundamentals and Trading the News
10 Major Forex Trading Mistakes & Misconceptions That Can Derail Your Success
When it comes to the Forex market, traders often find themselves making similar mistakes and holding similar misconceptions. Understanding these pitfalls and misconceptions is crucial for successful Forex trading. In this guide, we will explore the top 10 trading mistakes and misconceptions, providing you with valuable insights to help you break free from repetitive errors and … [Read more...] about 10 Major Forex Trading Mistakes & Misconceptions That Can Derail Your Success
Can the Art of Forex Trading be Learned?
Many aspiring Forex traders believe they can learn to trade the Forex market without seeking external assistance. The allure of trading lies in the potential for an independent lifestyle and personal freedom, but achieving success in this field requires time and knowledge. This knowledge must be acquired from reliable sources. Unfortunately, the independent mindset associated … [Read more...] about Can the Art of Forex Trading be Learned?
The Key to Forex Trading Success Lies Within
The most crucial element in achieving consistent success as a Forex trader is mastering your emotions. This article aims to offer valuable guidance on how you can begin to control your emotions and set yourself on the path to successful Forex trading. The ability to make objective decisions unaffected by emotions is the foundation of successful Forex trading. Many traders … [Read more...] about The Key to Forex Trading Success Lies Within
Key Economic Events in Forex Trading
In the world of investment, economic indicators hold great importance as their release can instantly and dramatically impact the Forex market. These indicators can be categorized into three main types: leading, coincident, and lagging. Leading indicators are believed to change before the economy does, providing insights into potential future developments. Coincident indicators … [Read more...] about Key Economic Events in Forex Trading