Psychology

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.

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

I’ve often been asked whether trading psychology is really important for a forex newbie or if it’s an overrated concept. Here’s what I think.

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.

Having trading biases can severely impair our ability to read the markets objectively and make good trading decisions. Are you guilty of any of these?

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

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.

How can you distinguish between a good trade and a bad one? Clue: it’s not all about the profits.

There is a fine line between traders and gamblers. Here are some tips on how you can tilt the odds in your favor and be consistently profitable.

Proper trading psychology and experience are crucial components to success in your forex career. However, there are some pitfalls you should avoid.

When you have pushed yourself so far that you feel the pressure, STOP! Take a chill pill. Accept your limitations and relax.

We once asked real traders what they learned in their first month trading currencies. Here’s what they said.

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?

Today we’re exploring the five of the most common mistakes that newbie forex traders make. Which one can you relate to the most?

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.

Instead of taking responsibility for a bad trade, we blame the market, our broker, and sometimes even the cat outside the window. Are you guilty of any of these habits?

Losing is as much part of trading as winning. So how do most forex players process trade losses? Here are four stages you should be familiar with.

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

The forex market also has its own way of making you cry yourself to sleep, leaving you broken and feeling helpless. How can you get over this heartache?

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