Dr. Pipslow

For forex traders, the major sources of psychological pain tend to involve losing capital and/or being on the wrong side of trades. How can you deal with this?

Traders often focus too much on making money instead of becoming a good trader. Unfortunately, this practice is hardly the way to consistent profitability.

There’s nothing wrong with setting high expectations but problems could arise when you set unrealistic ones. Here’s why managing expectations is important to your trading success.

If you want to make money in forex trading and consistently do so, it’s important to review proven trading methods and techniques on a regular basis. Here are some tips to consider.

Successful forex traders have rock solid discipline. They plan every one of their trades, then they simply trade their plans.

On the internet, it’s easy to get answers but it’s very hard to get the right ones. Here’s why learning from successful traders is the most efficient way to get secondary information.

Not being able to stick to your forex trading plan may be more than just a result of mere impulsiveness or the lack of discipline. Here are some other factors you take a second look at.

Recency bias negatively affects the way a forex trader analyzes the market, as it clouds his judgment and damages his decision-making skills. Here’s how you can avoid it.

Forex trading requires you to deal with risk and the unknown every single day. Here’s how you can take control of stressful situations and use them to your advantage.

Sticking to your trading rules is a solid step towards forming good habits. Here are a few things you can do to help turn your forex rules into trading habits.