About Pipsychology

Pipsychology Author If you can't keep your emotions in check when trading, you will lose money. Lots of it. Pipsychology was created to help minimize this from happening to you. The most significant action that you can do to improve trading profits is to work on yourself. Really knowing yourself and how you think can give you an edge that others in the market don't have. My goal is to share practical advice to improve your forex psychology without boring you to death. Hopefully you can develop the mental edge you need to become the best trader you can be.

February 2012

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Archives

Pipsychology

Don't Give up on Your Trading Resolutions!

With the first month of the year in the books, now is as good a time as any to evaluate your trading resolutions for 2012. Were you able to stick to them? If you weren't, don't fret. It's all part of the process of change after all. …

Are You Addicted to Trading?

Let's face it. Many of us are lured by the promise of making big bucks in the world of forex trading, to the point that it becomes an addiction for some. Are you guilty of this?…

3 Things Traders Can Learn from Poker Players

Is forex trading like poker? If so, what are the similarities and what exactly can we learn from poker players? And how does Big Pippin keep his poker face on? Read on to know my answers to these questions and more!…

5 Signs You're Ready to Go from Demo to Live Trading

So you've been trading on a demo account for months now and you think you're ready to go live. But are you REALLY ready? Make sure you go through this checklist before you invest your life savings in the unforgiving world of forex trading. …

Growing Your Psychological Capital

When traders talk about capital, more often than not, they are talking about how much you have invested and how big your bank roll is. But there is another type of capital, one that is not talked about often or at all. I'm talking about psychological capital. …

Deliberate Practice: Part 2

We gave ya part one yesterday, so now it's time to check out part 2 of my article "Deliberate Practice!" Why is it important, what do you do, and where do you begin?!…

Deliberate Practice: Part 1

We're bringing back another oldie, but goodie, and this one goes out to all of our discretionary traders and chartists out there. Practice doesn't make perfect, it's perfect practice that makes perfect...or gets you close to it...…

Always Be Prepared!

With the new year approaching bringing new beginnings, it's always a good idea to revisit fundamental skills and ideas before planning your attack. So we brought back, "Always be prepared" because this mentality can never be driven home enough in this game. …

New Year's Trading Resolutions

It's that time of the year again, folks! And you know what that means! No, I'm not talking about shopping and braving holiday traffic! It's time to come up with some trading resolutions to help you improve in 2012!…

5 Traits that Successful Traders Share with Elite Athletes

If you look at the line-up of traders in Wall Street trading firms, you're likely to find more than a handful of former Division I athletes on the floor. Why is this? What's the connection between being an athlete and trading?…

"As long as you're going to think anyway, think big."
Donald Trump
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