FOMO vs JOMO: that one letter makes all the difference. JOMO substitutes ‘fear’ for ‘joy’, suggesting that not only is it OK to miss out – it’s actually something to be relished. JOMO is an important concept for traders, emphasizing the need to take a step back, think, plan and enjoy, rather than rushing into

Multiple time frame analysis follows a top down approach when trading and allows traders to gauge the longer-term trend while spotting ideal entries on a smaller time frame chart. After deciding on the appropriate time frames to analyze, traders can then conduct technical analysis using multiple time frames to confirm or reject their trading bias.

Trading Psychology: Beyond the Basics The psychology of trading is often overlooked but forms a crucial part of a professional trader’s skillset. DailyFX is the perfect place to learn how to manage your emotions and hone your trading psychology; our analysts have already experienced the ups and downs, so you don’t have to. Keep reading

“Is there a best time frame to trade forex?” is a common question a lot of traders ask, especially those new to the forex market. The truth is, there is no single answer. It all depends on your preferred trading strategy and style. Traders utilize varying time frames to speculate in the forex market. The

The primitive forces of capitalism rule markets like the laws of gravity. Buyers and sellers provoke a battle to find a happy medium agreement in every financial market. As prices dance around on charts, traders are often looking for reasons to explain price movements however, the underlying source of price movement boils down to the

Trading bias allows traders to make informative decisions when dealing in the market. This relates to both novice and experienced traders alike. This article will cover: What a bias is in trading Why traders need a bias How to develop trading bias using technical indicators Further reading to develop a successful trading mindset What is

Macro Trading to Micro, Options and Women in Trading – Coming up in our podcast this time: How to utilize a macro trading to micro approach Options trading – what are the benefits? Women in trading: Why the gender imbalance? “I came into trading to be a voice for women” This time on Trading Global

Risk management is a key component for a successful trading strategy which is often overlooked. By applying risk management techniques, traders can effectively reduce the detrimental effect losing positions have on the value of a portfolio. Keep reading to learn more about: Why risk management is important How to manage risk in trading Trading risk

Pennants are continuation patternsthat appear in the forex market and are used by traders to predict upcoming market movements. While similar to the triangle pattern, the Pennant pattern has some important differences that traders need to be aware of. In this article, you will learn how to recognize Pennant chart patterns, what they mean, what

Do you know the truths about forex trading? Traders face a barrage of information when they start out in the markets – and being able to sort the wisdom from the folly could be the difference between success and failure. Should you risk 1% of your account per trade, or 5%? Does RSI work better