Dr. Pipslow

Pipsychology

3 Reminders Before You Set Up Your Forex Trading Station

Forex trading is a business and, like any other business, it needs the right set of tools in order to maximize your trading skills. Here are some tips on setting up your trading station. Read more

5 Things to Consider When Scalping or Day Trading

Is short-term forex trading for you? Here are five things you should take into consideration if you’re planning to practice scalping or day trading. Read more

The Hidden Costs of Missing Forex Trade Opportunities

Consistently profitable traders know the importance of tracking the rights and wrongs of the trades that they take. Unfortunately, the cost of the trades that they DON’T take is too often overlooked. Read more

Do You Have What It Takes to Add to Winning or Losing Positions?

If you’re planning on adding “scaling into positions” to your forex trading skills, then you should at least be aware of the possible effects of adding to winning or losing trades on your trading psychology. Read more

4 Factors to Consider When Finding Your Own Forex Trading Niche

Are you still trading whatever setup you come across? Or have you narrowed down your focus to ones that match your trading personality? Here are four factors you should consider when trying to pinpoint your forex trading niche. 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 Factors That Are Limiting Your Forex Profitability

Just because your forex trading account is in the green doesn’t mean you should stop working to be better. Here are three factors that might be limiting your profitability. Read more

How to Turn Your Forex Trading Rules into Good Habits

In your journey to be a consistently profitable trader, the urge to bag those extra pips can be too irresistible. As a result, you sometimes force your trades. Read more

Developing Your Forex Trading Instincts

Have you ever had a strong gut feeling that a currency pair will move a certain way? Here’s why it’s okay to trust your forex instincts when making decisions. Read more

5 Statements You Usually Hear From Forex Trading Newbies

If you’ve been in the trading scene long enough, you start to notice common sentiments across different discussion groups. I’ve listed down five usually heard from forex newbies. Any of these familiar to you? Read more

Stop Taking Forex Trading Losses Personally!

A lot of forex traders forget that losing is as much part of trading as winning. Here’s why you should stop taking your trading losses personally. Read more

3 Major Support Groups for Forex Traders

High-performing individuals usually cannot succeed in their fields on skills and determination alone. For forex traders, this means getting support from three major groups. Read more

5 Habits That Help Forex Trading Newbies

How’s your trading month going so far? If you’re still looking for ways to start the year strong, then you might want to see some of the easy (but helpful) habits that have helped many trading newbies and pros alike. Read more

5 Underrated Forex Metrics You Should Add to Your Journal

Think you’re tracking all you need to track in your forex trading journal? Here are five helpful metrics that, unfortunately, don’t often make it to traders’ journals. Read more

3 Basic Forex Trader Personality Profiles

Finding the forex strategy that matches your personality will help you better adapt to the always-changing market environment. Does yours match any of these profiles? Read more