Forex Psychology Articles 2020

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...

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

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...

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...

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

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

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...

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...

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...

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

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

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...

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...

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 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...

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...

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...

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...

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

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

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...

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...

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...

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

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...

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

In my peak performance training with traders...