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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Knowing that a lot of you part-timers are out there, we full-time traders should give a helping hand when we can, right? We know what it's like to be in your shoes, so here's a few tips to get you through the challenges of part-time trading!… More…
Suppose you've just experienced a huge losing streak. What are you likely to do next? Are you the type of trader that becomes so depressed that you are unable to take clear trading signals, or are you the type of trader that's able to easily shrug it off? … More…
By now, I sure hope you have enough trade journal entries to help you recognize recurring patterns in your trading behavior. For those of you who think that you have more than one bad trading habits, don't fret just yet. I wrote this article just for you!… More…
What do Michael Jordan, Tiger Woods, and Justin Bieber have in common? They all excel in their respective fields and are always looking for ways to improve their skills. They expose themselves to different environments to try out different things to see what works best for them. In other words, they embrace change.… More…
In life we usually develop repetitive behavior: we wash our faces when we wake up, we eat lunch around noon, we wash our hands after meals, and go to sleep at a specific time. We develop daily routines that help us get through the day. … More…
