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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Uncertainty is the only constant in the markets. While you can't control or know what's around every corner, there are steps you can take to reduce whatever it may be from holding back your trading performance. … More…
Much emphasis has been given to the importance of sticking to the plan to become profitable in the long run. Coming up with a trade plan is the easy part, sticking to it is easier said than done. Here are some reasons why most traders find it difficult to stick to their trading plan. Are you guilty of any of these?… More…
Forex Gump mentioned in one of his articles this week that we're trading in what seems to be one of the wildest market environments ever. Have you ever asked yourself if it is even possible to be a successful trader with market sentiment shifting in the blink of an eye? Just so you know--it is!… More…
