Trading psychology refers to the way that a trader’s emotions and cognitive biases can impact their decision-making and ultimately, their trading performance. It is the study of how a trader’s mental and emotional state affects their ability to make rational and profitable trading decisions. In simple terms, trading psychology is about understanding how your emotions and thoughts can influence your trading decisions, and learning how to manage them to make better decisions. For example, if you are feeling anxious or greedy, it can lead to poor decision-making and ultimately, financial losses ..read more

The foreign exchange market is one of the most exciting and dynamic financial markets in the world, offering traders the opportunity to make huge profits. However, it is also one of the most risky, and without this no. 1 rule, forex trading can quickly turn into nothing more than a gamble. Whether you are a seasoned pro or new to the world of forex trading, understanding the importance of this rule is crucial to your success. I myself is guilty about this, and the number one reason why I burned 3 accounts, why I failed miserably at almost 3 years since I began trading. To be honest, I failed t ..read more

Becoming a profitable trader is a goal that many people strive for, but the question on everyone’s mind is “how long does it take?” The answer is not a straightforward one, as it depends on a variety of factors, including your trading experience, knowledge, and approach to the market. For those who are new to trading, it can take several months or even years to develop the necessary skills and understanding of the market to become consistently profitable. The learning curve can be steep, and it’s important to understand that there will be setbacks and losses along the way. It is not uncommon ..read more

Trading can be a challenging and complex endeavor, but with the right approach and mindset, it is possible to achieve success. Whether in stocks, forex, or other markets, trading can be a great way to generate additional income or grow your wealth over time. Please do note also that success in trading will not happen immediately but definitely in the long run. There are several ways or steps that you can take to increase your chances of success in Forex Trading. Develop a trading plan: One of the most important steps in becoming a successful trader is to develop a trading plan. This should inc ..read more

The fear of losing money is a common concern among traders, aspiring traders and it’s natural to feel anxious about the risks involved in trading. However, it’s important to remember that with proper education and risk management, you can greatly reduce the likelihood of significant losses. Here are a few tips for overcoming the fear of losing money in trading: Educate yourself: The more you know about trading, the more confident you’ll be in your decision-making. Take the time to learn about different trading strategies, risk management techniques, and the factors that can affect market price ..read more

Because of the global pandemic that has bring struggles to many with more people lose their jobs, businesses closed, others are pushed to work from home. It shocked many especially those who are not financially prepared. Now, more and more people are struggling hard to find alternative ways how to earn and survive. I was so fortunate and grateful that I was able to learn another skills that helps generate consistent income while I was still employed. The skill I have developed in trading at the Forex Market. With more and more people are venturing opportunities online, Trading Forex is one hot ..read more

How to open a demo account in forex? If you are new to trading or if you want to really learn the in and out’s first about trading without spending your hard earned money. Demo trading is the place to go. Using a demo trading account, it allows you to explore the in’s and out’s of trading, explore the market and trade as if you are on real live market. The only difference is that it is using a virtual money or basically a play money. Demo account allows us to learn the mechanics of forex trading, trade with Zero Risk and familiarize the platform itself. Now, demo trading has its own pros and c ..read more

Frequently asked questions about forex trading From time to time I’ve been receiving emails asking questions about forex trading. I know that some of them has been answered already on the free ebook guide that I have provided, plus I also share some insights through emails on my subscribers. Now, I understand that not all have downloaded it and included on my subscribers list. To address those questions one time, this would be the purpose of these blog post and from time to time will also be updated to address future questions to help aspiring traders and those who are really new. Now, I just ..read more

Aside from educating yourself first about trading at the forex market, I’d like to share my best forex trading tips or advice I wish someone had taught me before so I’ll then only commit fewer mistakes. As soon as you realize this early in your trading journey, you’ll gain and acquire a different perspective about the market, you’ll approach the market with the right mindset and expectation. When I was a struggling trader, I tried to digest numerous technique and strategies out there, I spend countless of hours practicing them, applying it on both demo and the actual live trading. I spend my ..read more

Retail FOREX Trading indeed offers a lucrative source of income without having to establish a business which would require a business permit, an establishment, a product to sell, manpower and inventories etc. That is why more and more aspiring traders are looking into it. Just like many of you, I have started trading with one purpose, “To Make More Money”. To make an additional source of income that could help me reach my financial goal which will then later help me to quit my 8-5 day job. I started trading with NO formal training, no formal education, just a self study and a lot of trial and ..read more