Education

In our post “Where Can You Find a Forex Trading System?”, we gave you some tips for how you can find or build a forex trading method. The next step…

Sometimes, you will hear people talking about the “holy grail” of forex trading. In theory, the “holy grail” is a forex system that is so foolproof, so consistent, that it…

In a recent post titled “How Do You Backtest a Trading Method?”, we explained how you can conduct a backtest once you find a trading system you like for forex.…

Along with a forex trading system, one of the things you will need to trade FX is a money management system. This requires you to figure out how much you…

Trading forex is an inherently risky activity. It is one where your outcomes hinge on a combination of skill and luck. One concept in psychology that may help you better…

In some recent trading psychology posts, we explored how our attitude toward failure and our locus of control can impact our effectiveness. In today’s post, we are going to talk…

What is your goal as a forex trader? Here are some ways you might reply: “My goal is to make a million dollars trading forex.” “I want to trade for…

There is something seductive about entrepreneurship that makes people want to run off and quit their jobs. Perhaps it is the idealistic, romantic notion that you can strike out on…

These days, many forex brokers make apps available for mobile users to trade on their Android or iOS devices. If you are thinking about trading forex on your own smartphone…

One of the most frustrating situations that can happen in forex trading is getting faked out. Here is an example. Say you are placing a trade based on price action.…