Forex Psychology Articles 2019

Forex psychology is a field of expertise that is essential to be acknowledged by any trader willing to achieve continuous positive results from their operations in the financial markets. It is important to understand that trading theory is indispensable, yet to apply it in practice one needs to be well-prepared also in terms of clear mind and cool spirit. It is commonly known that such psychological factors as fear, as well as euphoria, might destroy any achievement in a short time span. Forex psychology brings to the limelight such essential aspects of human action as personal and collective behavior or market sentiment. Our set of articles aims at helping you become aware of psychological traps endangering successful trading, which, in the long run, will help you trade with confidence and avoid excessive losses.


Principles of successful trading

At first glance, trading in financial markets is something mystical, since there is no definite formula for success. It requires talent, the ability to balance...

USGFX
The Importance of Trading Psychology

Perhaps the most important aspect of Forex trading is not mastering the technical skills but understanding and controlling the psychology of trading...

Errors of traders when opening a transaction

Human's brain was formed in the conditions very different from the ones traders have to work with now. Many decision-making patterns characteristic for...

Forex Trading Traps: 4 Tips How To Avoid Them

You open an order, the market goes against you, trading systems do not work, the order is closed by Stop Loss...

How to overcome fear and frustration in Forex trading?

Brett Steenbarger, Ph.D., is an author of many popular books on the psychology of trading. He also coaches...

OctaFX
The power of trading psychology

Identifying your strengths as opposed to weaknesses can really help you step up your trading game. Learn how to do it with three simple steps...


Alpari
Psychology of trade profit targets

Closing the trade at the most favourable price level is equally as important as getting into the trade at the right time. In the end, the price level...

OctaFX
Could Forex be best job you'll ever have?

Forex trading allows you to be free and explore your true passions. Find out all the reasons why it could be the best job ever. Some people are not cut...

Orbex
Why Women Trade Better Than Men

According to statistical evidence collected by Warwick Business School, women traders outperform men by 1.8%, despite trading...

FxPro
Trump is pushing up the stock market

U.S. equities climbed to almost four-month highs, tracking gains in Europe and Asia, after President Donald Trump postponed the date for boosting...

FxPro
How to boost your mojo

Trading is not a 9-5 job that finishes when you stop. it never sleeps. When you're not trading, you're reading and learning to get better. But there are times...

OctaFX
Why Forex traders lose money

Let's address the issue of losses, and ask ourselves why Forex traders lose money. Learn real statistics and actual reasons why forex traders lose money...


FxPro
Busy day of data and Central Bankers

BOE Governor Mark Carney is due to deliver opening remarks at the BOE's Markets Forum, in London. GBP pairs can move in reaction to comments...

The Problem with the Euro - it's a Cultural Thing

The recent problems and the seeming implosion of the euro, is I suggest something, which I have come to the conclusion, is something, which has been looming and brewing up for some time – the past several years...

Peak Performance Trading Tips

Last week I discussed Chapter 12 of the second edition of Trade Your Way to Financial Freedom, talking about how five investors with totally different ideas, including opposite views on what might happen, could all profit from various scenarios...

Using the "ADM" Method to Deal with Losing Trades

A main tenet of success in futures trading is the ability to accept losing trades as part of the overall trading process. This is not an easy undertaking--especially since many futures traders tend to be of a more competitive nature in the first place...

Finding the Best Traders In The World

I was recently approached by a top hedge fund about profiling the best traders in the world. Profiling really refers to finding those psychological characteristics that will best predict success...


When To Quit Your Day Job

I have had many readers through the years--most of whom...

Do What You Love

I have a pretty good taste in art, I think. At least, I can go into most art galleries...

Know When to Fold 'Em

One of my hobbies is playing poker and I can do it for free online. When I visit a casino and play poker, I usually make money. However, when I started to play online with play money, I had tremendous difficulty making money...


Van Tharp Back-To-Basics Series

If you are a regular student of Van Tharp's work or reader of this newsletter you hear this a lot: You can't trade the markets, you can only trade your beliefs about the market. Let's explore what this really means...

Enjoy Bumping Into Walls

This is a new section featuring Peak Performance Trading Tips. These won't be tips on some hot new investment. Instead, they'll be tips on how you get yourself in the best possible condition mentally to perform at a peak level. We'll be doing one new tip each month...

Behavioral Patterns That Sabotage Traders - Part I

Although I do not maintain a private practice of counseling/coaching...


Abell, Koppel Discuss Their Profitable Short-term Trading Methods

No short-term trading system is perfect. However, having and using a system is critical for short-term trading success, say Howard Abell and Bob Koppel...

Make An Honest Self Appraisal

If you are willing to accept total responsibility for your investment results, you will realize that you are the most important factor in your trading or investment success. If you have done that, you are way ahead of the crowd...

Hank Pruden on "Behavioral Finance" and Technical Analysis

Hank Pruden’s theory of "Behavioral Finance" proposes that human flaws are consistent, measurable and predictable, and being aware of and utilizing...


Self-Sabotage Revealed

In my peak performance training with traders...

Getting What You Really Want

I used to do an exercise in the Peak Performance 101 workshop entitled "Getting What You Want". The exercise starts out with a question: If you could have anything in the universe, what would it be? Perhaps your answer might be $10 million dollars...

How to Handle a Losing Streak

A trader emailed me a while back, asking for some advice...


Top 10 Forex Brokers 2019

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Best Forex Platforms 2019

A variety of web terminals and specialized software makes a choice of a trading platform a difficult one for a novice trader. What should be this vital decision based on? To begin with, it is necessary to highlight the main criteria that high-quality software must meet for making money on financial markets...

Top 10 Forex Platforms 2019

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How to Assess PAMM Account

PAMM Account Monitoring Service provides an extensive overview of tools for analyzing the work of managers. In general, all monitoring...

How not to fall prey to the Black Swan

The black swan is a sudden unpredictable event with enormous consequences - this is a brief description of this term, which became widespread...

FIBO Group
Escalation of Trade Wars to help gold

The gold price has remained in a tight trading range over the last 3 weeks as the market tries to figure out whether the US will eventually reach a trade...

HotForex
Two Fundamental Trading Strategies

The global markets are a huge linked network, as we regularly see assets interact with each other. Understanding the nature of these interactions can help...

XM
XM Trading Strategy Seminar in Athens

This autumn presented yet another good opportunity for individual investors to attend an XM forex seminar in the Greek capital, with keynote speaker...