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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We gave ya part one yesterday, so now it's time to check out part 2 of my article "Deliberate Practice!" Why is it important, what do you do, and where do you begin?!… More…
We're bringing back another oldie, but goodie, and this one goes out to all of our discretionary traders and chartists out there. Practice doesn't make perfect, it's perfect practice that makes perfect...or gets you close to it...… More…
With the new year approaching bringing new beginnings, it's always a good idea to revisit fundamental skills and ideas before planning your attack. So we brought back, "Always be prepared" because this mentality can never be driven home enough in this game. … More…
It's that time of the year again, folks! And you know what that means! No, I'm not talking about shopping and braving holiday traffic! It's time to come up with some trading resolutions to help you improve in 2012!… More…
If you look at the line-up of traders in Wall Street trading firms, you're likely to find more than a handful of former Division I athletes on the floor. Why is this? What's the connection between being an athlete and trading?… More…
In my previous post, I mentioned that preparation is only half the battle. So what makes up the other half? Execution. In trading, actively managing your open positions is just as important as coming up with your plan. Here are three tips to help you manage your active trades.… More…
As they say, "Preparation is half the battle." And in trading, the battle begins even before you open up your trading software. Let me share with you five tips for your weekly pre-trading routine to help you conquer the markets!… More…
