Market psychology is the most important aspect of trading. An individual must be mentally prepared so that to be able to enter the market with confidence and trade without fear. A trader should also know how to trade based on a specific set of criteria that will enable him/her to know how to react to different scenarios that may occur.
Topics
Understand how most traders think and act.
Understand how a disciplined trader should think and act.
Understand how to trade without fear.
Present a set of rules to define a trading plan.
Present the process of preparing yourself when different scenarios occur.
Understand why we should think in probabilities.
Understand how to prepare your day for trading.
Present mental and practical exercises to progress to the next Level.
Present the fear and the happiness zones.
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Editors’ Picks
EUR/USD struggles to extend advance above 1.1800
The EUR/USD pair posts a fresh weekly low near 1.1740 during the Asian trading session on Wednesday. The major currency pair is under pressure as the US Dollar edges higher despite Federal Open Market Committee minutes of the December policy meeting, released on Tuesday, showing that most policymakers stressed the need for further interest rate cuts.
GBP/USD tests 1.3450 support after moving below nine-day EMA
GBP/USD remains subdued for the second consecutive day, trading around 1.3460 during the Asian hours on Wednesday. The technical analysis of the daily chart indicates a weakening of a bullish bias as the pair is positioned slightly below the lower boundary of the ascending channel pattern.
Gold jumps on US rate cut prospects, safe-haven demand
Gold price extends the rally above $4,350 during the early European trading hours on Wednesday. Gold's price has surged about 65% this year and is set to record its biggest annual gains since 1979. The rally in the precious metal is bolstered by the prospect of further US interest rate cuts in 2026. Lower interest rates could reduce the opportunity cost of holding Gold, supporting the non-yielding precious metal.
Bitcoin, Ethereum and XRP prepare for a potential New Year rebound
Bitcoin, Ethereum, and Ripple are holding steady on Wednesday after recording minor gains on the previous day. Technically, Bitcoin could extend gains within a triangle pattern while Ethereum and Ripple face critical overhead resistance.
Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026
Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.
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