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.

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.

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.