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Manage Your Emotions (Part 2 – Intelligence)
EMOTIONAL INTELLIGENCE IN WORK
Emotions always outweigh knowledge. You may have extensive knowledge of trading, but this wisdom may not be worth a dime if you are not able to manage your emotions to overcome your insecurities.
This is…
How to feel the mood of the market
How do you feel about financial markets – do you think they will rise or fall in the future? The answer to this question depends on how emotionally you feel about this topic.
Financial markets are driven by emotions and this is one of…
Characteristics of the thinking of merchants and entrepreneurs
Forex trading opponents will give you disappointing statistics that 90-95% of the people who come there to make money lose their money there. There is also more detailed data, and they say that of the remaining 5-10%, almost all remain at…
Blacklisted brokers. When should you be on guard?
Blacklisted brokers. When should you be on guard?
When it comes to choosing a broker, it is very difficult to determine which one is good. But, if you cooperate with a mediocre DC, that's nothing. It is much worse to go to a fraudulent…
What Forex Platform to Choose: MT4 or MT5
What forex platform to choose? Which trading platform is on top of the list of the best forex software today? In the modern forex trading reality, vast majority of forex traders deem that the best platform for forex trading is MetaTrader…
Range forex charts
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…
How to make Forex training effective
In recent years, there has been no problem getting Forex training. Even if you don't have the ability or desire to pay for it. The presence of a large number of freely accessible books, articles, videos - all this greatly facilitates the…
Four Ways to Use Your Red Envelope Money as a Trader
Lunar New Year is a major historical and cultural festival celebrated by millions of people around the world, particularly the Chinese, Vietnamese, and Korean communities. One of the most notable customs associated with Lunar New Year is…
The Trader’s Mindset: Addressing Stagnant Profits
In the dynamic world of trading, a trader's mental equilibrium is pivotal to decision-making and consistent profit growth. Here, we delve into the essence of trading psychology, the prevalent psychological barriers traders face, and how to…
Correlation of currency pairs: definition, calculation, application.
The efficiency of a trader depends on many factors, but one of the most important factors determining his professionalism is the ability to calculate and analyze statistical indicators. For example, the correlation of currency pairs helps…