Forex Psychology Articles 2021

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.


OctaFX
OctaFXHow to set your financial goals and follow through with them

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...

OctaFX
OctaFXYes, we can: women in trading

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...

Libertex
LibertexHuman resilience: the lessons we took from the pandemic

Human resilience in the face of a public health risk and economic disaster does not mean that people haven't experienced difficulty or anguish...

LegacyFX
LegacyFXHow to Succeed in Forex Trading

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...

FBS
FBSKnow the Past to Create Your Future or the Brief Forex History

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?

FIBO Group
FIBO GroupHow to defeat the fear in Forex trading?

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...


LegacyFX
LegacyFXTrading, the business of opportunities

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...

eXcentral
eXcentral3 things you can do after a long day of trading

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...

FBS
FBSBecoming a pro: dialectics of studying

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...

FxPro
FxProOil slips on weak demand outlook and higher OPEC supplies

Oil prices fell on Thursday as rising coronavirus cases dampened the demand outlook, with further price pressure from a rise in OPEC output last month...

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...


Top 10 Forex Brokers 2021

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Best Forex Platforms 2021

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 2021

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