Forex Psychology Articles 2020

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.


eXcentral
eXcentralStay Away From Suspicion

When you choose to do what you like but your mind is clouded by suspicious thoughts, then there is a risk of losing the substance. It will make you question your every choice...

LegacyFX
LegacyFXIs earning money online trough forex trading really possible?

Well - it is - but it is not that easy. You cannot enter the financial market expecting to become a millionaire within a few days. But if you are willing to put some time in it...

eXcentral
eXcentralStay Away From Suspicion

Suspicion can damage the image of what we perceive as real. When you choose to do what you like but your mind is clouded by suspicious thoughts, then there...

INGOT
INGOTHere's How to Trade Smart During the Coronavirus Outbreak

You are more likely to panic when your investments drop and quickly sell out your assets, however, this is not the best way to react when the markets go down...

FBS
FBSHow our fears prevent us from quitting the unsatisfying career?

You may have heard the famous quotation: "Have the courage to follow your heart and intuition. They somehow already know what you truly want to become". There are the...

INGOT
INGOTHow To Regain Your Confidence In Trading

After a big loss, confidence can be running low. Of course, there are many reasons why traders lose money, such as lack of market knowledge, a poor risk...


INGOT
INGOTTop Five Attitudes of Successful Traders

Your attitude toward trading makes a huge difference in your success. What kind of attitude and thinking that's needed to become a successful trader? You should always...

Grand Capital
Grand CapitalFive Reasons Why Traders Lose Money

By various estimates, 90% of traders have lost their deposited funds (completely or partially) at least once while trading in Forex. We compiled the most...

INGOT
INGOTPopular trading myths you need to stop believing now

If you are a newbie trader and you want to learn the truth about trading, one of the first things you need to have is an accurate understanding of what trading...

Libertex
LibertexDollar Gains, German Data Disappoints

The dollar edged higher in early European trade Tuesday, reversing earlier losses as traders sided with the safe haven as the recovery in German industrial...

Libertex
LibertexEurope Seen Lower as China Outbreak

European stock markets are set to open sharply lower Monday, as a jump in reported Covid-19 cases in Asia over the weekend prompted fears...

INGOT
INGOTThe U.S dollar ended the week higher

The U.S dollar ended the week higher against other major currencies after optimism in the U.S economy and unpleasant data released in other countries...


The psychology of Forex trading

The financial market is rich in opportunities that are available to anybody who is interested in earning money. Many traders succumb to the impulse and...

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...

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
OctaFXThe 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
AlpariPsychology 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
OctaFXCould 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
OrbexWhy Women Trade Better Than Men

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


FxPro
FxProTrump 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
FxProHow 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
OctaFXWhy 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
FxProBusy 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...


Top 10 Forex Brokers 2020

200+ Forex Brokers
TOP 10 Best Forex Trading Platforms
Best Forex Platforms 2020

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 2020

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29 Sep, 2020   10 Best Forex Brokers to Opt For in 2020

Choosing the right Forex broker, a firm that facilitates the buying and selling of currencies and other financial instruments, is of the utmost importance. Also, it could be...

HotForex
29 Sep, 2020   HotForexHotForex honored with Best Forex Trading Conditions Global 2020

Leading forex broker HotForex proudly receives worldwide recognition for its exceptional trading conditions after being honored with major prestigious accolade...

eXcentral
29 Sep, 2020   eXcentralWhat should you know about cryptocurrencies?

eXcentral is expanding the number of assets and markets available for traders to invest in every month. One of the highest growing markets, if not the highest...

XM
29 Sep, 2020   XMEURJPY bounces off 2-month lows

EURJPY is looking for a rebound after confirming a bearish trend reversal pattern and diving as low as 122.36, the weakest price in two months. The RSI and the Stochastics...

XM
29 Sep, 2020   XMChina PMIs may stir but not turn aussie higher

As markets grapple with the real threat of escalating virus cases derailing the global economic recovery, the risk-sensitive Australian dollar will be keeping an eye...