Beginner Forex Trading

Myths About The Market
Trading Psychology

Myths About The Market

There are many myths that we all encounter when studying the market. These myths are based on historical data, but we aren’t meant to look at historical data alone to inform our future decisions.
Indicators, fundamentals, and opinions do not paint a crystal clear picture. Price action is crucial when analyzing our charts.

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Holiday Trading (End of Year)
Trading Psychology

Holiday Trading (End of Year)

A belated Happy New Year and Merry Christmas! (to whomever that applies). I hope you all spent some time with loved ones and re-centered yourselves in preparation for the new year that will come with new heights ergo new challenges.

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What Is A Pip In Forex Trading - TradingView Chart
Risk Management

What Is A Pip In Forex Trading?

Pip is an acronym for “price interest point” or “percentage in point”, which is a price change of 1/100 of 1% or one basis point. This represents the smallest possible change in an exchange rate.
The majority of Forex pairs are quoted up to 4 decimal places i.e. a pip is the last of those 4 decimal places.

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The Meaning Of “Consistent Profitability”
Trading Psychology

The Meaning Of “Consistent Profitability”

In the Forex trading industry, “consistent profitability” is used so often, the actual meaning can become blurred.
It has become a phrase people use to pounce on newbie traders so these innocent traders can buy their course, lose thousands of dollars, and leave with nightmares about the Forex market.

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How Long Does It Take To Be A Profitable Forex Trader
Trading Psychology

How Long Does It Take To Be A Profitable Forex Trader?

The question most new traders do not ask? How long will I be losing for? How long, on average, will I be unprofitable?

Most entrepreneurs, who are seeking capital from investors, ask this question so that they’re not under pressure to turn a profit while a business is in its incubation period.

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Knowing Your Limits
Trading Psychology

Knowing Your Limits

Trading in general, but particularly in the Forex market, requires that you have solid psychology when it comes to risk and loss.
A lot of new traders come to make boatloads of money sure, but nobody ever says “hey! while you’re making all that money, you’re gonna be losing some in the process”.

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Growing Small Trading Accounts Into BIG Ones
Trading Psychology

Growing Small Trading Accounts Into BIG Ones

This is what new Forex traders have been looking for! The answer on how to grow a small account into a big account that would solve all the world’s problems.
In this article, I will try my best to break down what goes into growing a small account and “flipping” it, as most would like to call it.

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Breaking Down Win Rate (Percentage) For Traders
Risk Management

Breaking Down Win Rate (Percentage) For Traders

A trader’s win rate (percentage) is determined by the number of winning trades out of all the trades they have placed.
If you win 50 out of 100 trades, then your win rate sits at 50%. If you win 80 of 100 trades, your win rate is 80%.

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William Percentage Range Indicator
Technical Analysis

William Percentage Range Indicator

As Forex traders, we often learn different things from mentors, teachers, and “experts”. Even though knowledge is shared continuously, many indicators are hardly ever mentioned.
It is almost impossible to find in-depth information about these indicators and what works best with them.
In this article, we will take a look at the William Percentage Range indicator.

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3 Powerful Trading Sayings
Trading Psychology

3 Powerful Trading Sayings That You Should Follow

In trading, there are clues and nuggets that the great traders before us left behind. We can use this knowledge to summarize and dissect how the markets work.
Funny enough, some of these sayings and clues only make sense when they finally make sense!

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