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A lot of people decide to start trading because they think it is an easy and quick way to earn money. They treat trading as a game, falling victim to the so-called gambling psychology. In this article, we’ll learn what gambling psychology…

Trading is often a very stressful job that requires traders to be in a constant state of concentration. It’s no secret that following theory is only a part of what traders need to do to become successful. The ability to clear their mind of…

Dozens of books from classics and trading gurus have been read. Techniques of technical and fundamental analysis are mastered. There is an understanding of the market, experience and practice, but financial results remain unsatisfactory.…

The psychology of trading is one of the cornerstones of success, ignoring it can lead to disaster. For example, Nick Leeson single-handedly bankrupted the 200-year-old Barings Bank (where even Queen Elizabeth II kept her money, she lost 2…

Often, when watching American films, one comes across such a concept as "Working mood" - the boss tries to rally his team by creating a working mood and inspiring confidence in victory. The ex-citizens of the Union smile at the cries of…

You might have heard a lot of trading coaches say that a positive trading mindset is crucial if you want to achieve something in the trading world. Sounds unlikely, doesn’t it? But reality shows that trading mindset is, in fact, one of the…

The best option to learn Forex was and remains individual. Not all brokers provide it. But there are many such proposals. It implies a quality program + long-term or lifetime management support. It turns out that first you study, then you…

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…

Many traders often use intraday Forex price charts based on time frames like 5 or 60 minute periods. On such charts, a bar (OHLC bar or candlestick) is indicated at the end of each time interval. For example, on a 60-minute stock chart, a…

Everybody makes mistakes sometimes - that's absolutely normal. Mistakes are especially common at the beginning of the professional journey. But the problem is not about them, but about how we assess these mistakes and whether we can find…