Dr. Pipslow

Pipsychology

3 Ways to Avoid the Trading Yo-Yo

After consecutive winning trades, some traders start to think that they got it all figured out and start to cut corners in their execution. This, my friends, is the start of a trading yo-yo. Read more

Control Your Risk Exposure by Focusing on These 3 Things

Nobody likes close a losing trade. But forex price action is random and having wrong trade ideas is inevitable. Here are three factors you CAN control to limit your risk exposure. Read more

Learning from Successful Traders

On the internet, it’s easy to get answers but it’s very hard to get the right ones. Here’s why learning from successful traders is the most efficient way to get secondary information. Read more

Why You Might Be Having Trouble Following Your Trading Plan

Not being able to stick to your forex trading plan may be more than just a result of mere impulsiveness or the lack of discipline. Here are some other factors you should review. Read more

3 Reasons Why Traders Miss Out on Breakouts and Trend Reversals

In a market where every pip counts, missing out on a good breakout or trend-reversal trade can take its toll on your trading psychology. Here are three possible reasons why you keep on missing these opportunities. Read more

3 Psychological Differences between Demo and Live Trading

When traders cross over from demo to live trading, they usually believe that their demo results can be easily replicated on a real account. Here are three things that could challenge that belief. Read more

When a Trading Journal is not Enough

If you’ve caught yourself thinking that you’re doing something wrong over and over again but you don’t know what it is, maybe it’s time you start a psychological journal. Read more

Do’s and Don’ts When Sharing Trade Ideas

One way to speed up your trading development is through bouncing ideas around with your fellow traders. Here are simple guidelines on sharing your thoughts with the forex community! Read more

3 Advantages of Taping Your Trades

Journaling your trade is essential if you want to be consistently profitable. But let’s face it; it’s not exactly the easiest task. Here are three reasons why you should consider taping your trades. Read more

5 Misguided Reasons to NOT Start Trading Forex

If you’ve only just heard about forex trading or have been planning to become a currency trader for months but still haven’t gotten around to it, here are 5 excuses that you shouldn’t be making. Read more

Mid-Year Check: Are You Meeting Your Trading Goals?

With almost half of the year behind us, it’s time to look back on the trading goals that you made at the beginning of the year and see if you need to make any changes. Here are some tips to get you started! Read more

Don’t Be Afraid to Find Your Own Path

Winning forex traders learn from failure, don’t care if they look bad and aren’t afraid to take risks. Trade like a winner… in your own way and on your own path. Read more

How to Deal with Forex Market Uncertainty

Given that major events have been rocking the financial markets lately, it looks like there’s still a lot of uncertainty left in the forex arena. How can you prevent this from crippling you with fear? Read more

How to Deal With Black Swan Event Losses

So how can you protect yourself from black swan event losses? Or, failing that, how can you pick yourself up from your trading losses? Here are three things you can do. Read more

Top 4 Cases When You Should Sit on the Sidelines

With all the uncertainty surrounding the EU referendum this week, I’ve decided to repost an oldie but goodie article. Should you take the risk or sit on the sidelines? Read more