If you are new to trading or struggling to keep your account above water, growing your trading account into something respectable can seem like a daunting task. Too often, when you search for information on how to build your trading account, you don’t find any type of methodical guide that you can follow nor practical information to assist you. What you need is some practical … [Read more...] about A Beginner’s Guide to Growing Your Trading Account
Trading Articles
Understanding the Market Story Through Price Action Analysis
Many traders tend to focus on individual price bars or signals when analyzing the market, instead of looking at the bigger picture and understanding the story that the market is telling through its price movements. The key to successful trading lies in being able to read the market's "emotion" and overall narrative through price action analysis. In this post, we will lay out … [Read more...] about Understanding the Market Story Through Price Action Analysis
5 Essential Money Management Techniques for Successful Trading
In this article, I will share five essential secrets for successful trading that revolve around the crucial topic of money management. While some traders may find it tedious, embarrassing, or even emotionally uncomfortable to discuss risk and capital management, it is essential to address these topics to improve your Forex trading. Ignoring the money management can lead to … [Read more...] about 5 Essential Money Management Techniques for Successful Trading
Strategies to Eliminate the Fear of Losing Money in Trading
As a trader, you will inevitably experience losses. If you are still trying to avoid losing trades and searching for a perfect trading system, it's time to let go of that idea. Losing is an inevitable part of winning, and it's crucial to learn how to handle losses properly to make consistent profits. Professional traders understand that losing money is part of the game. … [Read more...] about Strategies to Eliminate the Fear of Losing Money in Trading
Are You Trading or Gambling in Forex?
Whether or not you think you have a problem with gambling in the Forex market, this article will open your eyes and offer useful advice to improve your trading results. Some traders fund $500 accounts, blow them up, and repeat the process without changing their routine or strategy. This gambling mentality is financially problematic and unsustainable. As a trader, you are … [Read more...] about Are You Trading or Gambling in Forex?