Forex Psychology Articles 2022
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.
Strategy is very important for entrepreneurs and can help them make a profit. Many entrepreneurs often mistake strategy as the most...
Sometimes you realize that you fell into a rut and your trading got boring. You've lost that passion and drive, you’re not excited like at the very beginning when you were making...
Profiting on Olymp Trade or another online trading platform is not only about finding the right strategy. It has much to do with psychology and self-discipline...
If you've suffered your first loss trading, you may feel like giving up. But, remember, this is a turning point for you and your trading journey. Stop now, and you will...
The volatility of the market makes it more exciting to traders, which can be a trap because of greed takeover. Some traders fall victim to making one or several...
Want to set financial goals for 2021 but have trouble with achieving them? There is no actual formula to how you can make this happen, but there are certainly...
Carbon neutral brand ambassador for the new online broker in a move to shift towards green and responsible finance.
We take the biggest inspiration in the stories of other people. They encourage us and help us find our way. This time we learn about the stories of four women...
Human resilience in the face of a public health risk and economic disaster does not mean that people haven't experienced difficulty or anguish...
When entering forex, proper training is paramount. Relying solely on intuition is not sufficient to help one succeed in this field. Analysis and proper manipulation of the market...
Where did Forex come from, and why we should know about its evolution? Global Forex market daily turnover hits $6.6t in 2020. Impressive, isn't it?
Fear is a natural emotion that people face a lot throughout their life. And since Forex is still quite a risky business, many traders, both beginners and experienced ones, have...
Globally, people are interested in business ideas that guarantee a steady source of income. It becomes more attractive if such ideas can be implemented at their...
Did you have a long and exhausting day of trading? Then you need to find ways to rest your mind and body. Recharge your powers by taking advantage of quality relaxation...
Every development process is particular to the one who is studying. The same applies to trading skills. Although all traders have similar objectives - becoming more...
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...
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...
Who said you can't have trading platforms, and trading analysis tools too? In fact, at eXcentral, we believe you can't really have one without the other, which is why all your Fundamental and Technical Analysis tools are available for free (even with no registration needed). So get your trading started the right way, by checking all the upcoming economic events and releases, double-checking your calculations and seeing what charts, indicators and analysts are anticipating. Did we mention it's free?
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...
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...
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...
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...
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...
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...
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...
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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...
