Dr. Pipslow

Enough experience can convince some traders into believing that they can predict price action. But “predicting” trades is rarely productive and could even cause deep drawdowns in your account.

Earlier this week we explored 5 ways to tell if forex trading is taking over your life. Here are five MORE experiences you can relate to!

Spending considerable time in the forex arena is bound to take over some aspects of your life and that’s not necessarily a bad thing. Are you familiar with these?

Have you ever felt like you need to start from scratch to make profits again? Here are a few tips on how you can “start over” as a forex trader.

Even forex traders can’t succeed on skills and determination alone. Support from these three major groups are needed.

In trading, the battle begins even before you open up your trading software. This edition of Pipsychology will guide you in warming up for your forex trading day.

Having an off day doesn’t necessarily mean that you’re a bad trader or that your system sucks. Here’s why you should stick to your max trading loss.

A mistake many forex traders make is to forget to assess what type of market they are working with and adjust their approach accordingly.

Some forex traders do well in teams while others perform better alone. Take a look at the pros and cons of each to see which one you’re more comfortable with.

Identifying your ideal position size is more than just following the 1%-2% rule. Here’s why risk plays a bigger role in your trading than you think.