Trading is a Business; Don't be Undercapitalized
So you've demo traded for six months and you believe that you're ready to enter the big leagues. Here are a few tips to keep in mind when you begin your trading business. … 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
5 Risk Management Practices That Are Usually Overlooked
In trading, it is very easy to get lost in the game. You get on your trading platform, try to get some pips, and in the process you usually forget the most basic risk management practices. Here are 5 common habits that might help in limiting your risk exposure.… More…
Addressing Trading Boredom
The PlayStation 3, the iPad, and all sorts of devices were invented to keep us entertained at all times because to some, there's nothing worse than being bored. But did you know that boredom may actually be good for your trading?… More…
Picking Tops and Bottoms: Is It for You?
The promising reward-to-risk ratios of picking tops and bottoms can be tempting for traders, especially when the setup is supported by major technical levels. But with more and more traders getting their accounts blown up by trying this strategy, is it really worth pursuing?… More…
