Pressing Your Trades Responsibly
One of the more useful skills for forex trading is knowing when to press your advantage. But how do you know when to press and when to hold back?… 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
Find Your Trading Niche through Personality Quizzes
One great way to get to know yourself better and find your trading niche is by taking personality quizzes. These quizzes are created to match your personality with trading methods or risk management strategies that could work best for you. … More…
Life Lessons in Trading
It's not difficult to admit that people usually begin trading because they want to make money. But as many traders have realized, there are a lot of lessons that can be learned through trading. Here are a few examples. … More…
Holding On To Winners
In the middle of a winning trade, have you ever asked yourself, "Should I take profit now or should I let it run?" A lot has been said about the importance of stop losses but not much about letting winners run. Here's my two cents on how you can mentally prepare yourself in maximizing your profits.… More…
Take Care of Your Best Trading Tool: Your Body
When you're trading, it's so easy to get lost in the price action frenzy and neglect your physical well-being at some point. But if you're giving up eating or sleeping in exchange for a bunch of hours trying to catch pips, you could end up destroying your most important trading tool: your body.… More…
