Position size is a double-edged sword. It can make you big profits, but it can also lead to big losses as well. Make sure you practice proper position sizing!

We here at BabyPips.com have always stressed the importance of deliberate practice to improve your forex skills. Here are 4 factors that could sabotage your process.

Success in forex trading takes time, patience, and a lot of practice. Do you think forex trading is for you?

If you’ve hit a slump with your forex trades, it might be helpful to zoom in to these three aspects to figure out how to recover and get your trading mojo back.

How you perform has nothing to do with how others perform. Comparisons will only make you feel frustrated and distract you from forging your own path to profitability.

So you’ve been trading on demo for months now and you think you’re ready to go live. But are you REALLY ready? Here are five signs you should look for.

Forex trading is not the line of work you want to be in if you’re a perfectionist. Here’s why you should stop obsessing about finding that one perfect trade.

When traders cross over from demo to live trading, they usually believe that their demo results can be easily replicated on a real account. Here are three things that could challenge that belief.

Here are 8 trading tips from some of the world’s best and most popular traders and investors. Which one can you relate to the most?

How long should you hold on to your trading systems before you decide whether or not you should keep using it? Here are four cases when it’s better to let it go and move on.

Losing a trade does not mean you’re failing as a trader. Are you looking at losses like an employee or like a trader?

As much as we like watching them in popular cooking shows, professional chefs can offer more than our daily entertainment. Here are four things forex traders can learn from our kitchen-dwelling friends.

Thinking of trying your hand at picking forex market tops and bottoms? Here are 3 facts you might want to read first.

It’s not enough that you identify your biggest obstacles in forex trading profitability. You also have to act on it. So, where do you start?

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.