Learn
Forex Trading Guides
Practical, no-hype guides to help you trade smarter — from your first candlestick to risk management and choosing the right broker.
Showing 13 guides in Psychology
Trading Psychology: 100 Years of Lessons That Still Hold
Markets change; human nature doesn't. Timeless lessons from classic speculators — Selden, Harper and Crump — on greed, fear, discipline and why most traders lose.
Discipline Over Emotion: Why the Plan Beats the Feeling
The hardest part of trading isn't analysis — it's sticking to your plan when fear and greed take over. Learn why discipline beats emotion and how to build it.
Greed and Fear: The Two Emotions That Ruin Traders
A 1926 classic on speculation nailed the two emotions that still wreck traders today — greed for the top and fear of loss. Learn how they sabotage you and how to fight back.
Inverted Reasoning: Why 'Good News' Can Sink a Market
A century-old idea from G.C. Selden explains why markets often fall on good news. Learn 'inverted reasoning' and how it maps onto 'buy the rumour, sell the news.'
Myopic Loss Aversion: Why Checking Your Trades Too Often Hurts
Myopic loss aversion is the habit of watching short-term losses so closely that you make worse decisions. Research shows it drives real traders — and how to fight it.
9 Behavioral Mistakes That Cost Investors Money (SEC)
A SEC-commissioned report identified common behavioral mistakes that hurt investors — from active trading to poor diversification. Learn them so you can avoid them.
Overconfidence in Trading: Why High Leverage Punishes Beginners
Overconfidence pushes traders to use more leverage than they should. Research on real forex traders shows capping leverage cut high-leverage traders' losses by 40%.
What Is a Trading Plan? The Checklist That Keeps You Disciplined
A trading plan is a written set of rules for how you'll trade — entries, exits, risk and more. Learn what a solid plan includes and why trading without one fails.
The Disposition Effect: Why Traders Sell Winners and Hold Losers
The disposition effect is a well-documented bias: we sell winning trades too early and hold losers too long. Learn why it happens and how to beat it.
FOMO in Trading: Why You Chase and How to Stop
FOMO — the fear of missing out — pushes traders to chase moves and abandon their plan. Learn why FOMO happens and five ways to trade without it.
How to Stay Calm in Volatile Markets: 5 Steps
Volatile markets trigger fear and panic. Five practical steps to stay calm, protect your capital, and avoid emotional decisions when prices swing hard.
Revenge Trading: The Trap of Trying to Win It Back
Revenge trading is chasing a loss with bigger, riskier trades. Learn why it happens, how it spirals, and practical rules to break the cycle and protect your account.
Trading Psychology: Why Mindset Beats Strategy
A beginner's guide to trading psychology: the biases that wreck accounts — FOMO, revenge trading, the disposition effect — and simple habits to stay disciplined.