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How To Develop A Positive Trader Trance

Have you ever emerged from a trading session in a fog and found yourself looking over the trading carnage of violated rule after violated rule and heard yourself say, “Who made those trades?” And, as the fog lifted, it became clear that you had been trading like a crazy person? It was like someone or something had control of your mouse and you

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How Procrastination Can Put Off Your Desired Trading Results

There it is, that unfinished Macro Trade Plan that you committed to finishing before your next live trade, that stack of books that you promised yourself you’d read and the list of unfinished to-dos that go back weeks. You find yourself thinking, “What is wrong with me, why can’t I follow through with at least the stuff that is important?” Yes, this is

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7 Essential Elements To Trading Success

Here are 7 essential elements for succeeding whether it’s a new business venture , trading or a workout regimen. Vision: If you ask the majority of successful people they will share their “vision.” One of the most important parts about a “vision” is that it has to be yours. If it’s more than one individual (for example business partners or even a spouse)

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5 Key Stages Of Forex Consistency ( And How You Can Master Them)

1 – Discipline Discipline is without doubt the foundation of everything, not just in trading but in life as well. A person lacking discipline will always struggle to achieve their goals no matter what they are and will be stumped time and time again by frustration and disappointment if they’re not aware of where the true problem lays. There are things you have

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Top Reasons Why Some Things Never Change In Trading

In the world of trading and investing you always hear about how the markets are constantly changing, and to some degree that’s true. However there is a certain fundamental truth about trading and investing that doesn’t change: the predictability of human behavior. When traders talk about changing markets they’re generally referring to the overall direction of the market, or perhaps to the changing

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How To Avoid The Trap Of The Demo Trading Account

One of the biggest advantages of the Global Currency market is that it is very easy for traders of all levels to open a simulated trading account with great ease. Brokers in asset classes like Equites, Options and Futures make it much harder to open demo trading accounts without funding a live account first and some don’t even offer a simulator at all.

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GBPUSD: Bullish, Eyes Further Upside Pressure

GBPUSD: With the pair continuing to hold on to its corrective recovery, more strength is envisaged in the days ahead. Support lies at the 1.2900 level where a break will turn attention to the 1.2850 level. Further down, support lies at the 1.2800 level. Below here will set the stage for more weakness towards the 1.2750 level. Conversely, resistance stands at the 1.3000

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Are You Sabotaging Yourself And Your Trading?

Have you ever become confused in a trade? Most traders have at one time or another, even the pros. It can result from trading at cross purposes. In other words, part of you wanted to take an identified set-up and that part felt centered, grounded and focused on the things that mattered; and, the other part of you was fragmented, frustrated, frazzled and

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