One sentence which may increase your profits image What do you say in your mind when you plan trading? “I must trade” or “I want to trade”? Probably “I must trade”. It is a result of your childhood when your parents and teachers told you what to ...

Trading Psychology - How to Control Emotions on Forex

How to master emotional control in trading? image Your brain was created to support you to achieve your goals. It does it by producing emotions which enhance you to take some actions. For example your brain creates the feeling of thirst to ...

Trading Psychology - How to Control Emotions on Forex

Why don’t traders want to control their emotions? image Most of traders notice that their emotions don’t help them make money on financial markets. But they don’t even try to fix it. Why? Reason 1. Because traders think that their emotions are not ...

Trading Psychology - How to Control Emotions on Forex

Why should you master trading psychology? image Do you know why on any forum about trading you can find millions of posts about systems and strategies and only few about psychology? Because 90% of traders are heterosexual men which think that ...

Trading Psychology - How to Control Emotions on Forex

How to make learning trading easy? image Imagine that you want to achieve some new skill, for example playing tennis. You don’t know anything about tennis so you get some knowledge about it. Maybe you hire a coach. You practice playing tennis. At ...

Trading Psychology - How to Control Emotions on Forex

One movie which may stop your profits image Many traders admire Gordon Gekko in the film “Wall Street”. I am one of them. GG is smart, rich, he knows people, art and he seduces beautiful women. But he also has negative characteristics. He almost ...

Trading Psychology - How to Control Emotions on Forex

Why should you enjoy losses? image Last time I told you about dealing with losses by enjoying them. But I know that you may some excuses to apply this solution. Excuse 1. You think that it is not possible. You can read Jack Schwager’s interviews ...

Trading Psychology - How to Control Emotions on Forex

How your losses make your profits on Forex? image If you trade then you sometimes lose. There is not anybody who can make money in any transaction. Of course there is a few per cent of people who make money on financial markets. But even them ...

Trading Psychology - How to Control Emotions on Forex

Are you too much determined to make money on Forex? image You must be determined to achieve your goals. Otherwise you will have no motivation to follow your plan. But you may be determined too much. How? In two ways. You may be absolutely ...

Trading Psychology - How to Control Emotions on Forex

One simple decision which may increase your profits. image You can make one simple decision which will probably increase your profits. Spend between 5 and 10 percent of your monthly trading profits on charity. What should you do it? Reason 1. ...

Trading Psychology - How to Control Emotions on Forex

Do your goals support your trading? image Any self development guru will tell you that you should plan your future. He or she will add also that your goals should be SMART which means Specific, Measurable, Achievable, Relevant and Time-bound. Many ...

Trading Psychology - How to Control Emotions on Forex

How to become a stress free trader? image Some people think that a stress is a constant part of trading. In my opinion these people confuse stress with excitement. Excitement is a supportive feeling. It motivates you and gives you fun. Without it ...

Trading Psychology - How to Control Emotions on Forex

Why intelligent traders lose on Forex? image Have you ever heard about LTCM hedge fund? It was run by Myron Scholes and Robert Merton, 2 professors which got Nobel Prize in economics in 1997 for the new formula to determine the value of ...

Trading Psychology - How to Control Emotions on Forex

Trading psychology - a key to your success If you want to make money on any market then you must have 3 things. knowledge experience ability to make your emotions support you It is easy to gain knowledge. There are a lot of useful and free materials ...

Trading Psychology - How to Control Emotions on Forex

How to stop overtrading and stick to your plan? You promised yourself that today you would stick to your trading plan. No stupid trades. Only good setups. You opened your platform and watch the markets. You didn’t see anything interesting. But you ...

Trading Psychology - How to Control Emotions on Forex

Why did not enter on the first touch of the level, 3 candles before? Next candle there is veeeeery big red candle.

C-12's Supply, Demand and PA thread

C-12, why do you use 6 pips SL, not 7 or 5? Do you use it on all curriencies? Did you do some research?

B.S. Trading with Kenneth Lee

C-12, why did you trade against up trend on daily EUR/USD?

B.S. Trading with Kenneth Lee

C-12, what money managment do you use?

B.S. Trading with Kenneth Lee