Be Picky
In the foreign exchange market, there are times to trade but there are more times to not trade. In order to achieve success as a trader, you must be alert, selective, and not chase every single pip.… 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.
Latest Posts
July 2007
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July 2007 Monthly Archive
Don't set yourself up to fail
Have you setup yourself up to fail? Here are the bare minimum you need in order to avoid failure as a trader.… More…
Fail Forward
The difference between losers and winners is their perception of and response to failure. You must learn from your own trading mistakes and from the mistakes made by other traders.… More…
Why You Do What You Do
I know how you feel, believe me. You're more than likely still working the "real" job to pay the bills and put treats in your and your family's mouths. Trading is an after work (or maybe during work) hobby, and happens if and when you have enough strength to keep your eyes open. You haven't gained the trading experience to take it full time, but that's the dream. And a great dream it is. … More…
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