Dr. Pipslow

Pipsychology

What’s Your Forex Mission-Vision Statement?

Since you should treat your forex trading like a business, it’s important for you to have a mission-vision statement to help you achieve your trading goals. Read more

3 Common Forex Newbie Trading Problems

Have you ever gone through a rough patch in your forex trading and couldn’t seem to figure out what was going wrong? You might be encountering some of these common newbie problems. Read more

3 Steps to Make it Big in the Forex Market

From my years of experience as a Pipsychologist, a traders’ inability to truly make it big in the forex market, more often than not, stems from fear. Read more

3 Forex Trading Myths Explained

Which among these three forex misconceptions are you most guilty of? It’s about time we busted these trading myths! Read more

How to Take Responsibility for Your Forex Trades

Instead of taking responsibility for a bad trade, we blame the market, our broker, and sometimes even the cat outside the window. Are you guilty of this? Read more

Taking a Contrarian Forex Trading Approach

Forex trends appear to be getting stronger these days and going against the herd seems to be an unpopular approach. Here’s why you should still consider it. Read more

5 Common Traits of Elite Athletes and Successful Forex Traders

What’s the connection between being an elite athlete and forex trading? Here are five traits they have in common. Read more

3 Questions to Answer Before Picking Forex Tops or Bottoms

More and more forex traders are losing their trades and even getting their accounts blown up by trying to short at the top or go long at the bottom. How can you avoid this pattern? Read more

3 Tips for Forex Traders to Stay in the Zone

When a forex trader is “in the zone”, he is able to zone everything out and focus on nothing but the activity at hand. How can you achieve this? Read more

Having the Confidence to Hold on to Winning Forex Trades

In this edition of Pipsychology, I’ll be discussing some ways to maintain the confidence to hold on to winning forex setups. Check ‘em out! Read more

Developing Confidence to Add to Forex Positions

In this follow-up article to my earlier blog post on tips to boost trading confidence, here’s an entry on how to muster the guts to add to your forex positions. Read more

3 Tips to Boost Your Forex Trading Confidence

Because of the nature of forex trading and its effects on the psyche, it is important to be strong and have a lot of self-confidence. Here are some tips that might help! Read more

Deliberate Practice in Forex Trading: Part II

Deliberate practice becomes easier when you expand your knowledge of forex trading. Here are more ways to improve your deliberate practice. Read more

Deliberate Practice in Forex Trading: Part I

Instead of reacting negatively to losses, a better mindset would probably be one that involves actively learning and improving from those forex losses. Here’s where deliberate practice comes in. Read more

4 Steps in Applying the Scientific Mindset in Forex Trading

If you listened in class back in grade school when the scientific method was taught, pat yourself on the back! Having a scientific mindset may just give you an edge in the forex market. Read more