modekurti

Most people lack the mental readiness to do what is necessary, consistently, to achieve wealth. This principle applies equally to trading. The majority of traders end up losing, much like most people remain in the middle to lower economic classes. The reasons behind this are strikingly similar. Excluding unfair variables like being born in an economically depressed region or … [Read more...] about Rise to the Top 5% of Traders by Taking Actions the Bottom 95% Won’t

From my experience, the quickest and most effective way to make money through trading is by adopting a low-frequency, 'hands-off' approach. In this article, I'll delve into the concept of "trading from anywhere" and explain why it's beneficial to make trading an activity you engage in alongside other revenue streams, rather than relying on it entirely for your financial … [Read more...] about Master the Art of Trading from Anywhere Becoming a Trading Nomad

While searching for crucial information about Forex trading or the Forex market online, you’re likely to encounter a flood of advertisements. These ads, often promoting automated Forex trading systems under various brand names, have become increasingly common. Despite their prevalence, it’s essential to be cautious about such promotions. What is Automated Forex … [Read more...] about Reasons to Steer Clear of Automated Forex Trading Systems and Robots

If you're confused and wondering what I mean, let me clarify by identifying these nails. They are the common emotions you often encounter in life and, more crucially, during trading. You know them well: greed, fear, euphoria, and regret. Greed This emotion goes by many names, but none of them cast it in a positive light. Greed, or avarice, is particularly detrimental when it … [Read more...] about The Four Traps Undermining Your Forex Trading Journey

"To err is human," and indeed, forex traders are not exempt from making mistakes—they are only human, after all. Among the plethora of errors one might encounter in their trading journey, there's one common pitfall that unites them all: over-trading. Many of us have fallen into this trap at some point. Yet, acknowledging its prevalence isn't sufficient; we must take action … [Read more...] about A Forex Trader’s Strategy for Avoiding Overtrading Pitfalls