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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You may not be aware, but there are such things as good LOSING trades and bad WINNING trades.… More…
Much has been said about the importance of mastering your trading psychology. And though there are many different ways to accomplish this goal, perhaps the most practical and effective way of doing so is by keeping a psychological trade journal.… More…
Here's a popular trading statistic that's thrown around a lot in the retail forex world: 95% of traders fail. With such a high exit rate, you'd think that being a good trader is genetic!… More…
Let's face it - we all deal with distractions in one form or another. It doesn't matter so much exactly what the distraction is, but rather, what's more important is the detrimental effect that it can have on our work.… More…
