Turn Positive Thinking into Constructive Thinking
At its very core, positive thinking is simply being optimistic about things. It is the tendency to take a favorable stance on things, hoping for the best possible outcome in any situation.… 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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Monthly Archive
The 5 Most Common Mistakes Newbie Traders Make
It isn't always easy being a noob. Whether it's in taking on a new job, starting your own business, or trying out a different sport, the degree of uncertainty in a new and unfamiliar undertaking can sometimes be overwhelming and push you to commit mistakes. … More…
Fear Can be Good for Trading
In the most basic sense, fear is defined as the emotional response to a perceived threat. When someone is faced with danger of any kind, fear kicks in, which, in turn, elicits a response. … More…
Set Trading Goals That Work
Now that a new year has begun, it's time to put away your wish list for Santa and start on your to-do list for 2011. A handful of you probably have "Make a truckload of pips", or "Bounce back from my losses" as your goals. But are these enough?… More…
