Learn what a Forex broker does, how they make money and why you need one to trade FX. Also find out how to avoid common mistakes.
Learn the best times to trade Forex. The best times for you will depend on your trading style, lifestyle and personality.
Learn how these common myths about Forex can slow down your trading progress and why you should throw them out.
Learn how to calculate max drawdown in a spreadsheet and find out what this metric tells you in backtesting, forward testing and live trading.
Market orders in MT5 are straightforward. But of you are confused about pending orders, this tutorial will help you out.
There are several things to consider when determining how long to keep your trades open. Learn what they are in this tutorial.
Forex is a great market to trade because the requirements to swing trade are actually very low. Learn how low they are and how they compare to other markets.
Which market is easier to trade? Well that really depends on you. Learn what to consider when deciding on which market to focus on.
Which trading education method is best? In reality, they all have their own pros and cons. Learn some benefits and downsides that you may not have been aware of.
This is the #1 question that I get from traders. So in this blog post, I’ll lay out the roadmap for getting started in Forex trading and how to avoid many of the common mistakes that beginners make.
It can be overwhelming to learn how to trade with a day job. This post will give you practical and actionable tips for learning how to become a profitable trader, in the least amount of time.
Why do most Forex traders fail? I believe that there are only two reasons. Learn what they are in this video.
Almost every new Forex trader I talk to wants to take a $10,000 account and make a million dollars by next year. But wiser traders know that starting with an account of between $100 and $1,000 is a much better way to…
Can trading volume be used to find potential trades in Forex trading? Learn how trading volume works in stocks and find out if the same trading strategies can be used in Forex trading.
A common question we get is: If someone is so good at trading, then why do they have to teach? This post will give you a few good reasons that a successful trader might want to teach.
It can be tough to figure out who can really help you trade better and who can’t. Seeing a trader’s track record can be a good start, but it’s not the only way to tell if they are a good teacher. Find out why they might not want to show you everything, even if they are legit.
I have noticed a pattern over the years. Most successful traders follow certain rules, while struggling traders do not.
If you are just getting started in Forex trading, you may be looking for a guide to get your trading education off on the right foot. This post will give you a simple four step process that has helped myself and other traders avoid confusion and make some real progress.
Trading is hard. Sometimes we can lose sight of why we want to be successful traders in the first place. Here are 18 reasons why I think that being a Forex trader is the best job in the world. Read this list every time you are tempted to give up. It always helps me.
Only read this post if you honestly want to be a great trader and are committed to the process. Otherwise it might crush your dreams.
Successful discretionary trading is supposed to be black and white…but it isn’t. That is half the challenge (and the fun). There is a constant battle between the “Spring Break/Girls Gone Wild” part of your brain that wants to risk half your account on one trade while drinking a Tequila shot and the other part that […]
I was fortunate enough to have a reader email me on one of my previous posts. He shared with me a list that he created when he first got into Forex trading that outlines the pros and cons of trading. I thought it was a great list and he agreed to let me share it with you, so check it out and compare it with your own list. He even managed to work in a zombie apocalypse as a reason to trade Forex. Believe me, it’s a valid point.