Psychology

The longer you trade on the Forex currency exchange, the more you are amazed at the self-confidence of people starting their trader's path. More than half of beginners begin by draining their first deposit within a few days of trading.…

In our life, everything is interconnected, most people do not even suspect how strong the connection is between some seemingly dissimilar things. For example, it is hard to believe that knowing the exact amount of desired earnings can…

Trading psychology refers to the study of human psychology and the way it can affect trading behaviour. It is considered a key contributing factor to determining trading outcomes, positive and negative, because of its influence on…

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 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…

Want to know some truths about trading? Regrettably, the trading world is one of the spheres with many trading myths – things that sound like facts but are not. Whether you just started or are an experienced investor, it takes time to…

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…

Article author Randy Hovell is a licensed therapist and trading mentor. The main direction of his work is learning to manage his emotions, make conscious decisions and apply Jung's ideas in the field of trading. He is the author of four…

Sometimes, during market cycles, the stock markets may plunge, and prices could fall. It may be for a short period of weeks or months, or even drag on for years. Is that a bear market? Depending on specific circumstances, it may well be.…

For many of us who currently work in the Forex business, the word “risk” has become simply a term we’ve learn to live with on daily basis. But for many others, risk is a synonym of fear, especially when it comes to money issues. That is…