Dr. Pipslow

Pipsychology

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

4 Common Reasons Why Most Forex Traders Fail

It is said that the failure rate in the forex industry is very high, with more than 95% of aspiring traders expected to drop out of the game within their first few years of trading. How can you avoid this? Read more

The Psychology Behind Breakeven Forex Trades

The beauty of breakeven forex trades is that although you may not increase your account with them, they do enable you to protect your capital. Read more

7 Tips for Part-Time Forex Traders

The problem with part-time trading is that trading itself is very difficult and that there are many obstacles that one needs to overcome before becoming consistently profitable. Here are some tips that might help. Read more

Health is Wealth for Forex Traders, Too!

Without a sound mind and body, forex traders will find it extremely difficult to focus and stay alert. Here’s why you should maintain your well-being. Read more

How to Overcome Forex Trading Boredom

Traders can find themselves bored with trading when there’s very little movement in the forex market. Here are some tips to overcome this. Read more

Do You Suffer from Performance Anxiety in Trading?

Have you ever been unnecessarily over conscious about your trading that it affected your forex performance negatively? Here are some tips that might help. Read more

3 Tips in Achieving a Work-Life Balance in Forex Trading

For many forex traders, achieving a work-life balance is especially difficult so I came up with a few tips to help y’all out! Read more

Do You Suffer from Trader’s Block?

Trader’s block normally occurs after a big win or loss, but it can also happen out of fear of repeating a losing forex trade. Read more

5 Forex Trading Performance Metrics to Add to Your Journal

In this edition of Pipsychology, I’d like to focus on some of the other forex metrics that tend to be overlooked but can provide critical insight on one’s trading. Read more

2 Levels of Adjusting to Random Market Conditions

Forex traders are in the business of trying to be consistent and making money in a seemingly random work environment. The key is to think in terms of probabilities. Read more

Self-Coaching for Forex Trading Newbies: Part II

In this edition of Pipsychology, I’ll discuss the specific action steps required in self-coaching for beginner forex traders. Read more