Psychology

Let me share with you five forex psychology questions asked by newbies and answered by some of our experienced traders.

Don’t be suckered into believing that all traders who win 90% of their trades end up profitable in the long run. Here’s why.

In this week’s edition of Pipsychology, I’m gonna teach y’all a little trick to help you develop and maintain an open mind while trading.

In all my years of trading and talking to fellow traders, I have noticed that newbie traders are susceptible to four main psychological pitfalls. Let’s take a look at each one and examine them carefully.

When you’re feeling more stressed about your trading than usual, you run the risk of making things worse if you force yourself to trade more and work harder.

Without knowing how to size your positions properly, you may end up taking trades that are far too large for you. Here are a some tips to help you avoid risking too much.

When you want to take your trading to the next level just can’t seem to improve on your profitability, you might be making these three forex mistakes.

If not handled properly, worrying can become a big hurdle to success as it can lead to a host of different issues. Here are some tips on handling your forex trading worries.

Without curiosity and enjoyment for the craft, traders would hardly be motivated to pursue deliberate practice and skill development.

Distractions take our eyes and our mind off what we should really be focusing on, which is forex trading. Here are some tips on how to limit these distractions.

The characteristics of a successful trader, such as being competitive and aggressive, can also be potential pitfalls. Do you wind up forcing your trades?

While it’s very important to know how and when to enter a forex trade, it’s equally crucial to know when to exit.

For those who have only heard of forex trading lately and are seriously considering becoming a currency trader, here are 5 excuses that you shouldn’t be making.

If you’re giving up eating or sleeping in exchange for a bunch of hours trying to catch pips, you could end up destroying your most important trading tool: your body.

One of the more useful skills for forex trading is knowing when to press your advantage. How exactly can you execute this risk management strategy?

Having an edge in trading is always a good thing, but you need to develop fresh sources of edge to sustain your advantage.

The summer season is almost upon us, which means that you should be thinking about adjusting your trading strategy to adapt to a less volatile market environment.

Have you ever found it stressful to go back to trading after taking a well-deserved vacation? Well, you’re not alone. Here are three tips that could help you get back in the grind.

If you’re having trouble sticking to your forex strategy, then you might need to figure out if your personality matches your trading style.

As a newbie trader, you have constantly been encouraged to practice demo trading first before going live. However, live forex trading performance can differ from demo because of these factors.