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...
by edwardtho | Nov 27, 2024 | Risk Management
How to Identify Bias in Forex Analysis Bias in Forex analysis can cloud judgment. Thus, it can lead to missed opportunities or losses. For advanced traders, recognising and addressing bias is crucial to maintaining objectivity and sharpening strategies. This article...
by edwardtho | Nov 27, 2024 | Risk Management
Building Positive Trading Habits for Advanced Forex Traders Building positive trading habits is crucial for advanced Forex traders aiming to maintain consistency and success. Despite your experience, trading requires discipline and structure. Without solid habits,...