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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When you're risking your own money, do you feel the need to find that secret information that nobody yet knows or find the perfect trade setup? … More…
As an aspiring trader, one important attribute that you must have is dedication. However, in this day and age when opening a trading account is as easy as calling a broker, filling up a few papers, and depositing money, this trait has become so easy to overlook. … More…
I've talked about how sharing the same characteristics with poker players and elite athletes can help you with your trading. This time, I'm gonna tell you why you should trade like a scientist. … More…
They say that a greedy person and a pauper are practically one and the same. This couldn't be more true for us traders.… More…
After consecutive winning trades, some traders start to think that they got it all figured out and start to cut corners in their execution. This, my friends, is the start of a trading seesaw.… More…
