A Detailed Look into Psychology in Forex Trading

 

A recent study by the European Securities Markets Authority (ESMA) said that more than 80% of new traders fail. This is a worrying statistic given the huge potential that trading in the financial market has.

There are several reasons why new traders fail. They include: the lack of knowledge about forex, bad luck, lack of a good strategy, and the psychological reasons.

10 Small Businesses Under P100k

 

At some point in our busy lives, we dream about having our own business. A cup of coffee while staring at your customers line-up at the counter? I'll take it.

Back in college, I frequented this nondescript stall in Recto where they sold T-shirts with prints of underground bands and skateboard culture inspired-merch. It was awesome.

How Much Is Your Worth?

 

I won't ask you, but I could tell, that for a number of times now you probably felt down, lost, discouraged or worst, worthless. But as you should also know by now; you get up, deal with it and (hopefully) learn from it.

But often, the fight with our own battles leaves us with the scars that tend to pull us and our confidence down. But should we really be asking, “Am I worth it?”

The Three Trees

 

Once upon a mountain top, three little trees stood and dreamed of what they wanted to become when they grew up.

The first little tree looked up at the stars and said: “I want to hold treasure. I want to be covered with gold and filled with precious stones. I'll be the most beautiful treasure chest in the world!”

A Lesson From a Butterfly

A man found a cocoon of a butterfly in his garden. One day, he noticed a small opening appeared on the cocoon. He sat and curiously watched the butterfly for several hours as it struggled to force its body through that little hole.

Until it suddenly stopped making any progress, and looked like it was stuck.

The Parable of the Pipeline

 

Once there lived two men named Pablo and Bruno in a small village. They were good friends and big dreamers. They used to endlessly talk about how they would become the richest men in the village.

They were both smart and hard-working. But what they needed was an opportunity to prove themselves and become wealthy.

How To Make Ipon Nga Ba?

Saving is one of the most important foundations of building wealth. Unfortunately, it is also one of the most common problems we encounter when we finally decided to establish our finances.

Some people believe that you need to have more money in order for your to start saving. But there is absolutely no truth behind this money myth.