Most beginners in forex trading have the completely wrong mindset throughout the entire lifespan of a trade. From the beginning, middle and after the end of a trade, most people have their mind and focus on the wrong things. Continue reading “Things to do before, during and after a trade”
The three M’s of Trading for Success
The 3 M’s of trading: Mind, Money, and Method, maybe you have heard of them, maybe not. Either way, in today’s lesson you are going to learn what they mean and why successful trading requires them. Continue reading “The three M’s of Trading for Success”
Improve Your Forex Trading
As the year comes to an end, it’s an important time for a trader; it’s time for him to make an honest assessment of his trading performance over the last year. This is an excellent opportunity for you to learn and grow, both as a trader and a person. Continue reading “Improve Your Forex Trading”
Five money management strategies for successful trading
When putting resources into the forex market, your prosperity is attached to your capacity to understand and properly execute the money management strategies. Talking about money management can be boring, embarrassing, or even emotionally painful for some forex traders to talk about risk and capital management because most of them know they aren’t doing it right. Continue reading “Five money management strategies for successful trading”
Importance of consistency in Forex Trading
Because of its exceptional yields on low investments, forex trading is a huge cash generator of the current financial markets. The question here is how to generate those huge profits. Let’s discuss a scenario. A fighter pilot has a highly skilled job that to most of us seems very sophisticated, and rightly so. However, to the man or woman flying the plane, it’s nothing more than a routine that they have executed hundreds, probably thousands of times. Continue reading “Importance of consistency in Forex Trading”