Overcoming Trader's Block
Ever heard of the term "writer's block"? Well, there's a similar condition for traders, and we call it trader's block. Read more
About Pipsychology
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.
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Pipsychology
4 Reasons Why Most Traders Fail
In my previous Pipsychology articles, I often discuss the things that can be done to improve one's trading performance. This time, let's take a look at some of the reasons why most traders fail. Read more
3 Trading Myths Busted!
Think you know everything about forex trading? Check out these three busted myths that could make you think twice about your current approach to trading. Read more
The Importance of Enjoying What You Do
In forex trading, as with other endeavors, expertise is a development process in which the crucial element is that you enjoy what you do. Read on to find out why! Read more
Good Traders Take Care of their Mind and Body
Why should traders take care of their mind and body if they just spend most of their time in front of the screens? Believe it or not, it's more important (and easier) than you think. Read more
Trading: It's More Than Just the Money
When you're in a slump and you watch your account bleed out, it can be quite hard to find the right motivation to continue trading. But don't be discouraged, young Padawan. Let me tell you a few reasons why you should look past the money. Read more
How to Deal with Trading Stress
Trading stress can wear you down if you're not careful, so it's important to know how to deal with it. Read more
Overcoming a Trading Burnout
Every single time a trader goes on his trading platform, he knows that he will be exposed to a variety of stressful situations. This makes forex traders very susceptible to what I call the "mental burnout." How can you deal with this? Read more
Making It Big In the Forex Market
Have you ever wondered why, despite years of forex trading, you just can't make it big? Sure, you aren't losing much but you're certainly not making huge gains either. Read more
Building Confidence to Maximize Winners
As traders, we give a lot of thought into stop loss placement. But sometimes, not enough attention is given to profit targets, which is a pity because being able to maximize profits can greatly affect one's bottom line. Read more
4 Cases When You Should Sit on the Sidelines
While taking advantage of market opportunities is a huge part of becoming a consistently profitable trader, it doesn't mean that you should take trades for the sake of being in a trade. Read more
Take Responsibility for Your Trades
With just about any endeavor in life, success doesn't come easy. There's no sure-fire way to be successful but I am pretty sure that no one ever became a success without taking responsibility for their actions. Read more
What Makes a Good Trading Mentor?
I've always been a firm believer that no trader is an island. No matter who you are, when trading gets tough, having someone to guide you can help the journey more bearable. But how can one find a good trading mentor? Read more
5 Questions You Should Ask Yourself Before Trading Live
How do you know when you're ready to retire your demo account and start risking real money? Here's a little check list, where your answer to each question MUST be an unequivocal, resounding, and decisive "YES!" Read more
5 Usually Overlooked Risk Management Practices
In trading, it is very easy to get lost in the game. You get on your trading platform, try to get some pips, and in the process you usually forget the most basic risk management practices. Here are 5 common habits that might help in limiting your risk exposure. Read more
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