About Pipsychology

Pipsychology Author 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

May 2011

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Archives

May 2011
Monthly Archive

Creating a Psychological Journal

Sure, keeping score of your stats is awesome. But numbers are just gonna be numbers; they don't really tell the whole story. If you've already caught yourself thinking that you're doing "something" wrong over and over again but you don't know what it is, maybe it's time you start a psychological journal too!… More…

Get Your Trading Mojo Back

Losing streaks aren't uncommon in the trading world. Every trader at one point or another hits a losing streak. Trust me, even the most consistently profitable pros have their slumps. … More…

3 Ways to Develop Confidence in Trading

I would say that trading is arguably one of, if not the most, difficult career paths one could choose. It involves working under conditions that are full of uncertainties. This means that traders rely on probabilities to come out successful, which could result in unexpected outcomes. You may be swimming in pips one day and be down in the dumps the next! … More…

Niche Trading: Finding Your Corner of the Sky

Ever heard of the line, "Try and try until you succeed"? I'm gonna let you in on a little secret. Sometimes it doesn't apply to trading. … More…

"Only those who dare to fail greatly can ever achieve greatly."
Robert F. Kennedy
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