Category Archives: Forex trading psychology

Psychology of forex trading

When not to enter the market…

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The more you trade, the more you may discover, like I did, that forex trading, or the market itself is a ‘mental game’. I don’t mean by that that you will end up with withering muscles and a sore […]

Forex trading - life

Hi
I do not honestly know whether a lot of forex bloggers, trainers, mentors or teachers actually trade the market or not.
I have had some great products from forex people. I know for a fact there are winners out there willing to put themselves on the line to give others a chance to have what they’ve […]

What Makes Trading Forex A Great Business Opportunity

Investing in the forex market used to be reserved for those with huge amounts of capital to start out with. Transactions in the market are taking place in real terms, in real time with huge volumes of currency being exchanged each day. Right now though, the retail forex trader can use leverage through his forex […]

What to do when you’ve had enough of having enough…

Have you ever found you’ve had enough of having enough?
Some people might think I’m a “iron-man” greedy ex-bank trader without emotion.
That is so untrue.
Because I know in my own history the things that have meant the absolute most to me have been such activities as looking after the sick and dying, taking care of elderly […]

Give It To Get It

One of the first leaders who influenced my own life published a tape on leadership which he called “Give It To Get It” It contained many principles on how to live a life of leadership.
Leaders at my church, leaders in the business and entrepreneurial community, but funnily, even some of the more open-minded (and all […]

Forex Blog August 27th 41 Pips During The Asian Session

I am publishing this post on my forex blog at 12.45pm on Monday August 27th 2007.
In order to become a winner on the forex market I feel that you need to have such an edge that you are able to ‘unconsciously’ know when to trade competently so that your trades meet a specific target you […]

5 Pips - “The Half Way House”

Todays trades I have taken between 6am and 7 am GMT.
I am in a bit of downtime with todays trades but I celebrate the winning of 5 pips so far today.
I took four pips out of Euro in a long and closed a 1 pip GBP/USD trade.
Yes, this was early closure on both trades. I […]

25 Pips from “Lazy Forex Trading” Method Today…

Yesterday, I stated I would be looking to enter the market at 2.0225 on the GBP/USD because of the support there. I mentioned that it was important to look for an entry pattern on the 4 hourly chart due to a) the fact there was further downside potential to about 2.0195 and b) It is […]

Lazy Forex Trading…

Ok, you’ve read my forex blog, you’ve joined my forex training program, may be you bought the courses individually too, and you just can’t get yourself to do the work…but you want to place a trade.
It pains me to be making this post, but the fact is people don’t want to do the little work […]

A forex trading plan that keeps the market from stealing back your pips

I was taught by a highly adept veteran trader who used to work for the Bank of America that having a trading plan when trading your own forex account is of vital importance.
Without the neccessary intention and clarity, you are going to make it very difficult for yourself to reach any sort of desirable outcome […]