When Does Demo Trading Make Sense?

One conversation that frequently appears in our Forex Workshop is the debate on the usefulness of demo trading. Some people will say that demo trading is useless because “there’s no skin in the game” or “it doesn’t really replicate live trading conditions”. Like with many aspects of...

How to Overcome Your Trading Fears

One of the issues that new and experienced traders face over and over again is the fear of having losing trades. Much has been written about overcoming the fear of loss, but most people just have too much trouble accepting the fact that it is part...

[QUIZ] Does Trading Stress You?

Many aspiring traders put themselves through unnecessary pain in the attempt to become consistent traders. The stress, sometimes, becomes unbearable. I have witnessed nervous breakdowns amongst other things…and more often than not it is simply because the person cannot admit to himself/herself that trading is just...

Don’t Let Your Past Trades Affect Your Present Trades

The past is history, the future is a mystery, but today is a gift: that’s why it’s called the “present” – Master Oogway, from Disney’s Kung Fu Panda In this brief blog post, I’d like to briefly highlight a vicious mental cycle that tends to creep up on...

Help Your Trading by Helping Others

The secret to living is giving – Tony Robbins Let’s pause our usual trading education routine for a moment. I’d also ask you to pause your quest for trading profits for a moment. If you’re still struggling to break-even; if you’re still struggling to find a...

How Traders Sabotage Their Own Success

The new direction of our blog has attracted a number of good questions from struggling traders, to which we are grateful because it gives us the opportunity to respond directly to people’s issues. Today we are going to address various shades of the same issue, which...