Trading Articles

'To err is human’. Forex traders also make mistakes because after all they too are human. While there are quite a lot of mistakes that each trader may commit during his / her trading encounters, there is a common one that binds all of the traders together. Well, this common blunder is a very notorious culprit called ‘over-trading’. Yeah, most of us have been there and done … [Read more...] about Forex Trader’s Guide to Sidestepping the Over-trading Pit

In trading, just like in any other field, there are winners and losers. Knowledge about what separates can help you stay on the right side of the line. The difference between the two is of certain habits and skills. Winners exhibit certain habits and skills, all of which, or at least most of which, are acquired and perfected through conscious effort over time. Spatial … [Read more...] about The Secret to Achieving Success in Forex Trading

You win MORE than you lose. That’s how you make money in Trading. Everybody loses sometimes in Forex trading, as in life, and that’s not an issue. As long as you are winning more than you lose, you are doing ALRIGHT. It’s NOT OK in case you are losing more times than winning. And it’s WORSE if you don’t know how put a stop to your losing and start winning again. If … [Read more...] about How to Win More Than You Lose in Forex Trading

Knowing WHY you trade is the best thing you can if you are a trader. And the second best is to REMIND yourself of it when the luck is speeding away in the opposite direction. When the chips are down, your WHY will help you re-focus on the success formula. It will also serve as a notice as to what you stand to lose if you give trading anything less than your best … [Read more...] about 8 Reasons Why You Want to Become—and Stay—a Trader

Forex trading is similar to sharpshooting in more than one way. Just as a sniper needs a sniper rifle, must have mastery over it, possess immeasurable patience, must exhibit complete control over his mind as well as body in difficult situations, and must have an innate smartness to know the right time to shoot, a Forex trader requires a trading edge (his weapon), must become … [Read more...] about What Type of Forex Trader Are You — A Sniper or Machine Gunner?