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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Time flies fast, huh? Before we end 2012 though, let's look back at some of my favorite trading psychology lessons for the year.… More…
We've all gotten our hearts broken at some point. And no, I'm not just talking about getting dumped by your high school sweetheart. Have you ever found yourself not pulling the trigger on a setup because it reminded you of a supposed Trade of the Year that didn't go your way?… More…
Going against market sentiment can be frightening for many traders. But with big potential returns and attractive reward-to-risk ratios, some find it profitable to go against the herd. What are the risks and benefits of contrarian trading? … More…
For committed traders, low volume and volatility are just excuses for not trading. If you want to challenge your trading flexibility, here are three tips on how you can trade in a less volatile environment.… More…
