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How To Avoid A Mental Breakdown In Forex Trading
Trading Psychology

How To Avoid A Mental Breakdown In Forex Trading

Forex trading can be very stressful if you allow it to. In my experience, certain things are definitely going to contribute to Forex being a stressful venture. If you just note these and try to manage them, Forex can be a good challenge and test your limits without breaking you down and forcing you to reconsider your existence.

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Forex Wicks Or Nah
Technical Analysis

Forex Wicks Or Nah?

Let’s talk about wicks in Forex trading, many things are believed about where to draw trendlines and support or resistance lines. Usually, the question is, “Do I draw the trendline along the wicks of the swing points or just along the bodies of the candles and ignore the wicks?” You will get different answers from different traders about what to do, and that is it can be so difficult for beginners to know what is right and what is wrong. In this article, we will break down the answer for you.

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PIPS, Percentages, or Money
Risk Management

PIPS, Percentages, or Money

Once your focus becomes process-orientated, you begin to seek percentage growth of your equity. At this point, you think more on the level of a hedge fund or bank. I say this because banks and hedge funds’ primary focus is percentage growth for themselves and their clients. They want to be able to tell their clients that they have 2x or 3x their initial investment.

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4 Essential Skills for All Forex Traders
Trading Psychology

4 Essential Skills for All Forex Traders

Trading the Forex markets is simple, but it is not easy. As much as it is a skill like anything else in life, it is obtainable with enough effort, time, and patience put into it. It is essential for Forex traders and any trader or investor to recognize their inherent skills and work on the skills that don’t come naturally to them.

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