A very hard lesson for most novice traders is that of finding out that they are often wrong when it comes to predicting market movements and that, despite months of study and the use of all the latest predictive tools, they are not always right. The secret to successful trading does not lie in getting it right, but is to be found in trading objectively. (More...)

Forex trading can be learned by anyone, yet 95% lose all their money so what makes forex trading so hard? It's not learning the right information - it's doing so and executing it with the right mindset. Let's look at the traits of the really successful traders and what you can learn. (More...)

When it comes to trading, some of the most neglected subjects are those dealing with trading psychology. Most traders spend days, months, and even years trying to find the right system. But having a system is just part of the game. Don’t get us wrong, it is very important to have a system that perfectly suits the trader, but it is equally important to have a money management plan and to understand all psychology barriers that may affect the trader's decisions and other issues. (More...)

Consistently profitable trading comes down to just three simple things. The three are the trading psychology, the system, and the risk and money management. Trading psychology means the big 3: discipline, confidence and consistency. (More...)

The psychology of a Forex investor is vital for success. The wrong Forex trading psychology can lead to failure. Emotions must be kept aside and the trader must have an objective plan and stick to it. This article discusses the mindset that a currency trader must have in order to be successful. (More...)