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Psychological mood of a successful trader

Everyone asks the question - Why does someone succeed and earn millions, while others live on a salary, and then a beggarly pension. If you start to analyze the personality traits of wealthy self-made people, you will be surprised how…

Exchange spoofing

Spoofing (from the English "spoof" - deception) is a tactic used in the financial markets, which aims to manipulate prices and create artificial changes in trading. This type of manipulation strongly influences market dynamics and can…

Forex and intuition: Neil Fuller’s reasoning

In the process of dominating the market, it is important not only to read textbooks, but also to listen to the revelations of practicing traders. Sometimes this makes the understanding of the market broader, even if it seems that nothing…

Forex account: varieties and features.

There are three types of forex accounts: standard, mini account and managed forex account. Each of them has certain advantages and disadvantages, so the choice of tactics depends solely on your capabilities, the amount of free time for…

Manage Your Emotions (Part 1 The Right View)

Article author Randy Hovell is a licensed therapist and trading mentor. The main direction of his work is learning to manage his emotions, make conscious decisions and apply Jung's ideas in the field of trading. He is the author of four…

Cognitive Bias That Can Affect Your Trading

A cognitive bias is a systematic flaw in reasoning that can lead to making wrong decisions while investing. A common maxim in investing is that "you are your own worst enemy". Humans are naturally hard-wired to look for shortcuts and avoid…

Differences that matter: demo and real

Two days ago we spoke about different ways to understand whether it is time to move from a demo trading account to a real trading account. However, we have not mentioned the differences of these types of accounts in terms of trading…

What is the best online forex trading platform?

Every trader starts his or her life in the forex market with choosing a good reliable broker and building a trading strategy. Opportunities vary much in broker companies and their services. However, a beginner trader should examine not only…

Forex Account Types: What to Choose

Which forex account should a retail forex trader choose? There are various types of trading accounts depending on the deposit amounts and functionality. Once a novice trader decides to open forex account for the first time, the most common…