tag:www.babypips.com,2012:/blogs/pipsychology//4 2012-02-10T03:46:22Z 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. tag:www.babypips.com,2012:/blogs/pipsychology//4.7591 2012-02-10T19:38:28Z 2012-02-10T03:46:22Z

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.

Dr. Pipslow 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. tag:www.babypips.com,2012:/blogs/pipsychology//4.7562 2012-02-03T19:03:12Z 2012-02-03T11:37:18Z

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.

Dr. Pipslow 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. tag:www.babypips.com,2012:/blogs/pipsychology//4.7516 2012-01-27T19:01:24Z 2012-01-27T05:19:28Z

Let's face it. Many of us are lured by the promise of making big bucks in the world of forex trading, to the point that it becomes an addiction for some. Are you guilty of this?

Dr. Pipslow Let's face it. Many of us are lured by the promise of making big bucks in the world of forex trading, to the point that it becomes an addiction for some. Are you guilty of this? tag:www.babypips.com,2012:/blogs/pipsychology//4.7466 2012-01-20T18:58:12Z 2012-01-19T01:16:31Z

Is forex trading like poker? If so, what are the similarities and what exactly can we learn from poker players? And how does Big Pippin keep his poker face on? Read on to know my answers to these questions and more!

Dr. Pipslow Is forex trading like poker? If so, what are the similarities and what exactly can we learn from poker players? And how does Big Pippin keep his poker face on? Read on to know my answers to these questions and more! tag:www.babypips.com,2012:/blogs/pipsychology//4.7450 2012-01-13T18:55:20Z 2012-01-13T06:09:40Z

So you've been trading on a demo account for months now and you think you're ready to go live. But are you REALLY ready? Make sure you go through this checklist before you invest your life savings in the unforgiving world of forex trading.

Dr. Pipslow So you've been trading on a demo account for months now and you think you're ready to go live. But are you REALLY ready? Make sure you go through this checklist before you invest your life savings in the unforgiving world of forex trading. tag:www.babypips.com,2012:/blogs/pipsychology//4.7409 2012-01-06T19:00:15Z 2012-01-05T06:53:43Z

When traders talk about capital, more often than not, they are talking about how much you have invested and how big your bank roll is. But there is another type of capital, one that is not talked about often or at all. I'm talking about psychological capital.

Dr. Pipslow When traders talk about capital, more often than not, they are talking about how much you have invested and how big your bank roll is. But there is another type of capital, one that is not talked about often or at all. I'm talking about psychological capital. tag:www.babypips.com,2011:/blogs/pipsychology//4.4512 2011-12-30T21:35:00Z 2011-12-30T21:40:10Z

We gave ya part one yesterday, so now it's time to check out part 2 of my article "Deliberate Practice!" Why is it important, what do you do, and where do you begin?!

Dr. Pipslow We gave ya part one yesterday, so now it's time to check out part 2 of my article "Deliberate Practice!" Why is it important, what do you do, and where do you begin?! tag:www.babypips.com,2010:/blogs/pipsychology//4.4482 2011-12-29T20:05:54Z 2011-12-29T20:15:39Z

We're bringing back another oldie, but goodie, and this one goes out to all of our discretionary traders and chartists out there. Practice doesn't make perfect, it's perfect practice that makes perfect...or gets you close to it...

Dr. Pipslow We're bringing back another oldie, but goodie, and this one goes out to all of our discretionary traders and chartists out there. Practice doesn't make perfect, it's perfect practice that makes perfect...or gets you close to it... tag:www.babypips.com,2010:/blogs/pipsychology//4.5433 2011-12-28T13:30:30Z 2011-12-28T13:45:49Z

With the new year approaching bringing new beginnings, it's always a good idea to revisit fundamental skills and ideas before planning your attack. So we brought back, "Always be prepared" because this mentality can never be driven home enough in this game.

Dr. Pipslow With the new year approaching bringing new beginnings, it's always a good idea to revisit fundamental skills and ideas before planning your attack. So we brought back, "Always be prepared" because this mentality can never be driven home enough in this game. tag:www.babypips.com,2011:/blogs/pipsychology//4.7383 2011-12-23T19:29:55Z 2011-12-23T03:44:09Z

It's that time of the year again, folks! And you know what that means! No, I'm not talking about shopping and braving holiday traffic! It's time to come up with some trading resolutions to help you improve in 2012!

Dr. Pipslow It's that time of the year again, folks! And you know what that means! No, I'm not talking about shopping and braving holiday traffic! It's time to come up with some trading resolutions to help you improve in 2012! tag:www.babypips.com,2011:/blogs/pipsychology//4.7336 2011-12-16T19:00:09Z 2011-12-16T22:41:54Z

If you look at the line-up of traders in Wall Street trading firms, you're likely to find more than a handful of former Division I athletes on the floor. Why is this? What's the connection between being an athlete and trading?

Dr. Pipslow If you look at the line-up of traders in Wall Street trading firms, you're likely to find more than a handful of former Division I athletes on the floor. Why is this? What's the connection between being an athlete and trading? tag:www.babypips.com,2011:/blogs/pipsychology//4.7307 2011-12-09T19:00:00Z 2011-12-09T10:06:20Z

In my previous post, I mentioned that preparation is only half the battle. So what makes up the other half? Execution. In trading, actively managing your open positions is just as important as coming up with your plan. Here are three tips to help you manage your active trades.

Dr. Pipslow In my previous post, I mentioned that preparation is only half the battle. So what makes up the other half? Execution. In trading, actively managing your open positions is just as important as coming up with your plan. Here are three tips to help you manage your active trades. tag:www.babypips.com,2011:/blogs/pipsychology//4.7280 2011-12-02T19:02:23Z 2011-12-03T04:55:16Z

As they say, "Preparation is half the battle." And in trading, the battle begins even before you open up your trading software. Let me share with you five tips for your weekly pre-trading routine to help you conquer the markets!

Dr. Pipslow As they say, "Preparation is half the battle." And in trading, the battle begins even before you open up your trading software. Let me share with you five tips for your weekly pre-trading routine to help you conquer the markets! tag:www.babypips.com,2011:/blogs/pipsychology//4.7246 2011-11-25T18:01:07Z 2011-11-27T13:18:00Z

In trading, it is very easy to get lost in the game. You get on your trading platform, try to get some pips, and in the process you usually forget the most basic risk management practices. Here are 5 common habits that might help in limiting your risk exposure.

Dr. Pipslow In trading, it is very easy to get lost in the game. You get on your trading platform, try to get some pips, and in the process you usually forget the most basic risk management practices. Here are 5 common habits that might help in limiting your risk exposure. tag:www.babypips.com,2011:/blogs/pipsychology//4.7209 2011-11-18T19:37:18Z 2011-11-21T15:56:45Z

So you've demo traded for six months and you believe that you're ready to enter the big leagues. Here are a few tips to keep in mind when you begin your trading business.

Dr. Pipslow So you've demo traded for six months and you believe that you're ready to enter the big leagues. Here are a few tips to keep in mind when you begin your trading business.