By now many have realized the potential behind insanely wealthy online forex trading. The ability to trade literally any time of day and night is definitely a catcher. The 24-hour forex market opportunity opens doors to every individual willing to learn, practice and invest. Apart from the obvious of seeking more cash, not all traders trade for the same reasons. This made me to ask ultimate question - why do we trade? Is it a greedy desire of getting ridiculously rich fast or just a time-passing hobby? Is it the need to feel alive or a substitute to our needs gambling? Or is forex trading a real job or just enjoyable to ride?  (more...)

Every forex trader should be aware of the psychological weaknesses accompanied with forex trading. Understanding of these weaknesses and good care of one's psychological health are important parts of being successful. There are all kind of different human weaknesses, however Do All psychological weaknesses cause traders to lose? Or are there some specific weaknesses that affect forex trading in particular?

Humans have plenty of psychological weaknesses, however not all of them are lethal when it comes to forex trading. The basic trading weaknesses are: (more...)