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

February 2012

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Archives

February 2012 Monthly Archive

Forex Trading is a Grind

How many times have you let yourself fall into the jackpot mindset while trading? New traders, or those in the middle of a string of losses, often let themselves believe that success in trading is all about being able to catch those big, homerun trades.… More…

Stop Asking Yourself What You're Doing Wrong!

It can be argued that being hard on yourself is a way of addressing your problems. But it can become more of a bane than a boon to your trading if you get caught up in all the pessimism. … More…

Top 4 Cases When You Should Sit on the Sidelines

It is said that patience is a virtue, but does this adage also apply to the fast-paced world of forex trading? Here are four scenarios wherein it might be better to patiently wait on the sidelines instead of jumping in a trade. … More…

Don't Give up on Your Trading Resolutions!

With the first month of the year in the books, now is as good a time as any to evaluate your trading resolutions for 2012. Were you able to stick to them? If you weren't, don't fret. It's all part of the process of change after all. … More…

"Most people would rather die than think; in fact, they do so."
Bertrand Russell
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