Forex Trading Education Articles

Daily Affirmations Will Improve Your Trading & Your Life

Here is a list of 17 daily trading affirmations that you can incorporate into your trading plan and that you should read to yourself every day before trading. Doing this will work to keep you motivated to practice proper trading habits and generally stay on the path to Forex trading success:

129 Comments

How To Grow A Small Trading Account Successfully

How To Grow A Small Trading Account Successfully – In today’s Forex trading lesson, I am going to share with you my honest and practical insight on how to successfully trade with a small trading account. So, if you’ve been lying awake at night, unable to sleep because you just can’t seem to make any consistent progress on your small trading account, this article is for you.

50 Comments

(My Secret Trading Weapon) – The Most Important Ingredient to Trading Success

It is the patience to sit on your hands and wait for only the best trade setups that separates the winning traders from the losing traders. Patience is the defining characteristic of what sets humans apart from all other species in the world.

63 Comments

Trade Forex Like a Sniper…Not a Machine Gunner

A sniper in the military has an edge over his or her enemy; their edge is unwavering patience, mastery of their weapon, and the ability to remain consciously in control of their mind and body for long periods of time in high-stress situations. We can apply these same concepts to Forex trading…

132 Comments

Warning: Beware Of Trading Forex News And Fundamentals

In case you’ve been living under a rock for the last 50 years, you know this blog is about price action trading. However, what you might not know is that I pay little to no attention to Forex news and fundamentals. In fact, I believe that focusing too much on Forex news and fundamental variables has a negative effect on a trader’s performance. It is my belief that price is the ultimate “indicator” and that it reflects every variable that affects a market.

41 Comments

Do You Really Have What It Takes to Be A Forex Trader?

Today’s trading lesson is going to revolve around one simple question: “Do you have what it takes to be a trader?” Whilst I firmly believe that anyone can learn to trade successfully if they want it bad enough, it’s also true that there are certain skills and abilities that one must be willing to develop before they can become a successful trader.

58 Comments

A Day In The Life Of Forex Trader Nial Fuller

In today’s trading lesson, I am giving you guys a glimpse into one day of my life as a price action trader. You can consider today’s article a diary of my daily activities over the course of a trading day. Hopefully, through the insight you gain in today’s lesson you can build more structure into your daily trading routine and improve your performance in the markets.

83 Comments

Nial Fuller’s 5 Steps Successful Forex Trading

Perhaps the most important step to successful Forex trading is developing a trading journal or diary to track your trades and your trading progress. I know have written about keeping a trading journal before, and a lot of people just hear this point and blow it off, but this is the wrong thing to do.

49 Comments

How to Build Your Own Forex Trading Plan

today’s lesson is going to provide you with some insight into exactly why you need a Forex trading plan and then I am going to give you an example trading plan so that you know how to build your own

44 Comments

Psychological Differences Of Demo Trading & Live Trading

Many traders notice a distinct difference in their live-account trading performance vs. their demo-account trading performance. Yes, that’s right, you’re not alone here; almost every trader experiences a much easier time making “money” on a demo account than they do on their real money account.

38 Comments

The Secrets to Profitable Forex Trading

Today I am officially letting the “cat out of the bag”; I am going to give you my 9 BIG secrets to profitable trading…OK OK, they aren’t really “secrets”, but they are 9 very important things I personally do or have done that have helped me become a better trader. Unfortunately, there are no “secrets” to making money in the markets, but there are things that you need to do that you most likely aren’t doing, which will greatly increase your odds of becoming a profitable trader. So, without further ado, here are my 9 not-so-secret secrets to successful Forex trading:

62 Comments

Nial Fuller’s Guide to Successful Forex Trading in 2012

2011 is coming to an end and there’s no better time than now to kick all the negative trading habits that plagued your trading this year and start 2012 off with a fresh and positive start. Today’s lesson is going to give you a comprehensive yet concise guide to clean up your trading strategy and your trading psychology.

39 Comments

Forex Trading Is A Business – Not A Game

Today’s article is the ultimate guide for setting up your Forex trading business. I am going to give you some solid insight and information on why you need to treat your Forex trading like a business and how to get started. If you’ve been trading like a drunken gambler in the casino, consider today’s article your official wake up call for getting your crap together once and for all…

37 Comments

The Art of Trading Forex – Part 2

Today we are going to discuss price action trading as an art form and how becoming a master price action trading “artist” can help simplify and improve your Forex trading.

26 Comments

The Art of Trading Forex – Part 1

In war, you cannot control the enemy nor know exactly what they will do. In trading, you cannot control the market nor know for sure what it will do. In both war and trading the only variables you can truly control are your own mind and your own actions.

39 Comments

Case Study – Random Entry & Risk Reward in Forex Trading

Over the last two weeks I have conducted a trading experiment in order to prove a point to anyone out there who might be in doubt of the power of risk reward combined with price action trading strategies. This article will take you on a journey into my mind and will hopefully prove to you that if you simply implement proper risk reward and have a willingness to learn a high probability trading strategy like price action, you can eventually become a consistently profitable forex trader.

59 Comments

Clean Up Your Forex Trading With Price Action

The Forex market has its own language. This language takes the form of price movement. In order to understand and “speak” the language of the market you must learn how to read the price action that occurs on a clean, indicator-free, price chart.

18 Comments

K.I.S.S. ‘ Keep it Simple Stupid Forex Trading Method ‘

The acronym K.I.S.S. stands for Keep It Simple Stupid. This acronym is as applicable to the field of forex trading as it is to any. Keeping it simple in regards to your forex trading means keeping all aspects of your forex trading activity simple, from the way you think about price movement to the way you execute your trades. Simplicity is the most often and easily over-looked factor to profiting long-term in any financial market. The reasons that trading lends itself so easily to leading people to believe that they must use complicated and (or) expensive trading methods are many and varied. This article will help you to understand why traders tend to over-complicate forex trading and the best way that you can work to use the power of simplicity to your advantage.

40 Comments

Part 4 – Become a Professional Trader: Putting It All Together

We are going to wrap up this 4-part blog mini-series in today’s lesson by discussing how to “put it all together”. I am going to walk you guys through an example of how a professional trader operates in the market by taking you through a trade step by step. Hopefully, in today’s lesson you will understand how all the steps in this series work together to provide you with an effective trading approach.

52 Comments

Part 3 – How to Become a Pro Trader: Taking Off the ‘Training Wheels’

In this week’s lesson we are going to pick up where we left off last week by getting you mentally prepared to “take off the training wheels” of demo trading. Trading with real money is significantly more intense than demo trading, thus it requires that you are aware of and accept the reality of real-money trading before you take the plunge. Most beginning traders simply dive in to the markets head first, risking their hard-earned money with no real plan in place.

32 Comments