Look Inside Yourself
One trader wrote in that he was in a slump and wondered if he should switch markets or find another indicator. Do you ever find that you also want to blame something outside yourself? … 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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September 2007
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September 2007 Monthly Archive
Focus on the Process, Not on the Profit
Many new traders always wonder how they can make more profit from their trading (assuming they're already making money). They attempt to set goals like trying to grab a specific numbers of pips per day or month. I think it's better to focus on the process first, rather the outcome.… More…
Trade One at a Time
Never try to trade everything you see. Keep your trading activity limited. Focus only on the highest probability set-ups.… More…
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