by edwardtho | Nov 27, 2024 | Risk Management
How to Recognise and Manage Revenge Trading Trading forex can be a thrilling and profitable venture. But every trader knows that losses are inevitable. What separates successful traders from the rest is how they handle those losses. One of the most destructive...
by edwardtho | Nov 27, 2024 | Risk Management
How to Handle Break-Even Forex Trades Positively As a seasoned Forex trader, encountering break-even forex trades can feel like treading water. You’re not losing, but you’re not gaining either. While it might seem unproductive at first, a break-even trade...
by edwardtho | Nov 27, 2024 | Risk Management
Psychological Traps in Forex CFDs Trading Forex CFDs demands more than market knowledge. It requires psychological discipline. Even seasoned traders can fall into psychological traps in forex trading. These traps often lead to impulsive decisions, unnecessary losses,...
by edwardtho | Nov 27, 2024 | Risk Management
Setting Realistic Goals in Forex CFD Trading Setting realistic goals in Forex trading is crucial for advanced traders aiming to achieve long-term success. Forex trading is highly dynamic. While profits can be substantial, overambitious expectations often lead to...
by edwardtho | Nov 27, 2024 | Risk Management
Forex Trading: Understanding Fear and Greed In forex trading, success is not just about mastering charts and strategies. It is also about understanding your emotions—especially fear and greed. These two powerful emotions can drive impulsive decisions, often leading to...