Forex Trading Blog

How to Break Your Cycle of Losing Forex Trades

Every trader has losing trades; in fact we can even say ‘losing is part of winning’ as a Forex trader. Whilst losing trades are indeed a part of trading that we cannot avoid, it is important to learn HOW to lose effectively. This is not a topic that is discussed very often since it is not exactly ‘hot’ or ‘catchy’, but I can assure you that until you know the correct way to lose a trade you will never become a long-term winning trader.

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How to Trade Successfully With a Day Job

Many aspiring traders seem to think that they won’t be able to trade successfully or take advantage of potential trades if they are not in front of their computers 8 hours a day. However, this line of thinking is fundamentally wrong and I am going to explain why for you in 6 simple steps:

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5 Steps To Consistently Profit in Forex

In today’s lesson, I am going to give you five tips to help you make consistent money in the markets. Whilst I can’t promise you anything, if you actually read and implement the five points discussed below, you should see some improvement in your trading results. This lesson was written to draw your attention to some of the more nuanced aspects of successful trading that you may have been ignoring but that can make or break your trading account.

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Setting Up A Forex Trading Room To Improve Trading Results

Ultimately, no matter what your specific situation is, you should aim to design your Forex trading room or office with just the right combination of practicality and comfort. This article will teach you how to set up your trading room or office and adjust your lifestyle to achieve optimal trading results.

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A Guide to Thinking like a Professional Forex Trader

The way that a professional Forex trader thinks about trading the market is quite different from how an amateur trader thinks about it. It is mainly this difference in perspective and psychology that separates winning traders from losers. So, how can you start thinking more like a professional and less like an amateur?…

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Don’t Focus on Money, Focus on Being a Good Trader

It’s a fact that professional traders don’t think about money as much as amateurs do, instead they focus on mastering their craft and being exceptional traders, which means becoming an expert at reading a chart’s price action.

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A complete guide to simplifying your Forex trading by Nial Fuller

My students’ number one issue is that they over-analyze and think too deeply about the markets. As a result of this over-analysis they are on the wrong track; many are still trying to trade with messy lagging indicator based trading systems or inflexible Forex trading “robot” systems. It is very common for beginning or even seasoned traders to be emotional wrecks; stressed and panicky like an out-of-control gambler with no plan. Today’s lesson will guide you in shifting your trading strategy and your trading psychology from complicated to simple.

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Why You Don’t Need To Be Smart To Be a Trader

Many people think that you need to have a Master’s degree in Finance or be some Albert Einstein math-wiz to be a successful Forex trader. Well, I am living proof that you don’t need some fancy college degree or a doctorate in mathematics to make consistent money in the Forex markets. I started trading when I was in high school and shortly after getting out I started become profitable as a trader. I never finished college, and I don’t claim to be the “sharpest tool in the shed”. However, what I understand, and what other consistently successful Forex traders understand, is that trading success is not only about knowing you need to control yourself and your actions in the market, but actually doing it.

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4 Golden Nuggets of Forex Trading Insight from Nial Fuller

Earlier this week I was thinking about all the emails that I get from traders who are frustrated and confused about how to succeed in the markets. I began to realize that most traders simply think way too much about trading and thus drastically over-complicate the process of trading and making money in the markets. So, I began to write down some pieces of insight that I have learned along my journey as a Forex trader. After about five cups of really strong coffee I condensed my scribbles down to the following four pieces of trading insight that I think you will find quite helpful…

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Becoming A Successful Forex Trader One Trade at a Time

The main difference between successful and unsuccessful traders is that successful traders followed a process or plan to get where they are at; they meticulously executed their trading plan every time they entered the market. Unsuccessful traders do not do this, instead they may or may not have a trading plan, if they do have one they may or may not follow it, etc. It takes consistent execution of the process of trading to achieve a consistently rising equity curve; just like a sky scraper is built one section at a time, your trading account is built one trade at a time.

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Are You Addicted To Forex Trading?

If you answered “yes” to either of these two questions, it’s fairly safe to say that you are addicted to Forex trading. Being a Forex trading addict is one of the fastest ways to lose your money. Just like an alcoholic or any other drug addict must keep taking more of their chosen substance to feed their urge, a trading addict needs to keep trading…almost all the time, in order to feel fulfilled or “in control”.

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How to Become the Best Forex Trader You Can Be

To start off today’s trading lesson I want you to ask yourself this question, “Am I currently doing everything within my power to be the best Forex trader I can possibly be?” The odds are that you KNOW you should have a detailed Forex trading plan that you stick to like glue as well as a Forex trading journal that you update meticulously, yet you probably don’t have either of them, if you do you probably aren’t using them. You probably also know that you shouldn’t over-trade or over-leverage your account, yet you probably do anyways.

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A Checklist for Forex Price Action Traders

If you want to succeed as a Forex price action trader, there are certain things that you HAVE to do. This brief Forex trading lesson contains a checklist of things that you need to do or know before you can start trading profitably. Refer back to this article as often as you need, to make sure you are doing it what it takes to succeed long-term in the markets.

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Five Things You Must Do To Succeed at Forex Trading

In today’s article I want to give you some practical tips that you can put to use immediately to improve your trading. I discuss five necessary components to successful Forex trading below, and I really hope you read this article carefully because there is some very valuable insight here. Enjoy…

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Nial Fuller’s Top 10 Forex Video’s & Articles.

The following post contains five of my best articles and five of my best videos. Please remember to comment below if you find these helpful. Enjoy.

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Identifying Forex Market Bias and Picking Your Trades Wisely

Identifying the bias of the Forex market at the beginning of each trading week is an important thing that every Forex trader should do. It is really important to simply sit down on Sunday at some point and take 30 minutes or so to figure out in your mind what you think the market has the greatest potential to do during the upcoming week.

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How Does a Professional Forex Trader Actually Trade?

This article is going to be extremely helpful to a lot of people. Many of my articles discuss similar topics, but I really want you to read this article because it is going to provide you with detailed insight into how an experienced Forex trader thinks about and trades the market on a day to day basis.

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Improve Your Forex Trading – A Quick Guide to Recovery

Forex trading can quickly get out of hand if you have not yet learned how to control your interactions with the market in a way that benefits you over the long-term. Many traders simply operate on a short-term perspective in the market, whether they realize it or not. They don’t think about how what they are doing in the market right now is going to ultimately affect their trading account in six months or a year.

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Nial Fuller’s Top 10 Forex Trading Lessons

In this week’s Forex trading lesson, I wanted to give a brief recap of 10 of my recent Forex trading lessons that I feel are among the most important for everyone to read. If you have not already read the following ten articles, you should take the time to do so because there’s a ton of valuable insight and information in these articles that is the result of my years “in the trenches” of the Forex market. I hope you enjoy today’s lesson and I recommend you take some time to read every article below in its entirety. Good trading and enjoy!

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How To Start Your Price Action Trading Journey

So you’ve acquired an interest in price action forex trading and you want to get started as soon as possible, but you aren’t quite sure how to begin, or perhaps you aren’t quite sure if what you are currently doing is getting you started on the right track.

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