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

April 2012

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Archives

April 2012
Monthly Archive

4 Easy Tips to Prevent Recency Bias

Ever heard of the good ol' recency bias? The phrase gets thrown around a lot in the foreign exchange market, so I thought it would be nice to talk about it in today's issue of Pipsychology.… More…

Trading Alone

In trading, I'm a strong believer in the saying, "No man is an island." I have written articles about the importance of having your own trading group in the past. However, I also know that trading groups isn't for everyone. … More…

Talk Yourself to Trading Success

Here's an interesting idea: Talking to yourself while trading could actually work in boosting your profits! Read on to find out how self-dialogue or priming plays a role in trading.… More…

Who is Taking Your Trades?

Every day I see traders blindly following the signals given to them by their trading method. It is almost as if they're mindless robots just jumping in because their method says get in. … More…

"Opportunities multiply as they are seized."
Sun Tzu
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