23 April, 2017 by Paula Rodriguez in Forex Lifestyle
When starting to trade forex, setting clear trading expectations is key to planning and preparation. With endless possibilities for profit, novice forex traders can efficiently build an enjoyable trading career. Because of this, it is important to set healthy expectations and create the right systems to achieve your goals. With a calculated strategy and the right mindset, new t...
10 April, 2017 by Paula Rodriguez in Forex Lifestyle
Success in forex trading has much to do with personal determination and self-mastery. To achieve optimal results and improve performance, forex traders must execute a personal development plan. A personal development plan is geared towards improving skills for both body and mind. For long term success, good personal skills can lead to better work ethics and healthier well being...
02 April, 2017 by Paula Rodriguez in Forex Lifestyle
This post is written by Hao Sun of Trade With Precision. Hao Sun is a trading mentor and active contributor to the Precision Perspectives video newsletter and group mentoring sessions. Hao holds a bachelor's degree in economics and a master's degree in financial engineering. In addition, Hao also holds a level three Bloomberg product certificate in foreign exchange, fixed incom...
20 March, 2017 by Paula Rodriguez in Forex Lifestyle
Analytical thinking is essential for efficient forex trading. With a reliable strategy and disciplined mindset, powerful analytical thinking can inspire more calculated decision making. It helps to identify, articulate and resolve challenges faced during daily trading tasks. In the long run, the lifelong benefits of analytical thinking can influence stronger emotional intellige...
11 March, 2017 by Paula Rodriguez in Forex Lifestyle
To become a better trader, it is important to learn how to manage emotions. Being able to control emotions can boost mental health and overall trading performance. In the long run, properly managing emotions can lead to quality output. During stressful executions or unexpected market turns, good emotional management can lead to higher efficiency and optimized decision making sk...
05 March, 2017 by Paula Rodriguez in Forex Lifestyle
Through superior decision making skills, any forex trader can improve strategies and optimize executions. Amidst the uncertainties of trading, there is a tendency to feel anxious and indecisive. This results in poor decision making, trading losses and the possibility of missed opportunities. To continuously keep a sharp mind while trading, learn the effortless ways to improve y...
19 February, 2017 by Paula Rodriguez in Forex Lifestyle
Finding success in forex trading is similar to becoming a successful entrepreneur. When starting out, you will need self-discipline, extensive knowledge and an effective entrepreneurial mindset. Much like starting business, forex trading requires you to risk personal capital. To overcome expected challenges, having an entrepreneurial mindset can inspire action and solution. Ins...
04 February, 2017 by Paula Rodriguez in Forex Lifestyle
In this day and age, technology has taken over everyday activities for both work and personal time. From doing research to playing games, most of our time is spent in the digital world. In fact, survey shows that the average adult spends more than 20 hours online per week. For forex traders, the nature of the job requires more hours online. With activities like chart analysis a...
25 January, 2017 by Paula Rodriguez in Forex Lifestyle
Trading can feel like an isolated endeavor sometimes since the majority of your time is spent by yourself in your trading room. Although your contact with other traders is limited, there are definitely opportunities to be a leader out there. Here's how you can develop your leadership skills in trading!
13 January, 2017 by Paula Rodriguez in Forex Lifestyle
Forex trading is a challenging yet rewarding career that stimulates self-assurance and smart strategizing. In the long run, the profits that come with the trade can only be realized through significant experience in the forex market. With the help of veteran traders, newcomers can be guided with the right outlook and a stronger strategy.
The road to consistently profitable tra...