All posts by Dr. Pipslow


What It Takes To Be A Contrarian Forex Trader

Some days most forex pairs are just going in one particular direction and it makes no sense to go against the herd. However, if you’re a fan of picking tops or bottoms and if you think that these strong trends are already exhausted, you shouldn’t


4 Simple Ways to Reduce Your Trading-Related Stress

Have you ever had one of those days? Your charting software didn’t work just right, your internet connection was doggedly slow, and you forgot to read up on this week’s latest economic report releases , so you missed all the good opportunities. And the kids or pets running


Are You Switching Up Your Trading Strategies?

If you’ve spent enough time around forex trading forums , then you’ve doubtless encountered a trader or two who say that they’ve made consistent pips using just one trading system. But you’ve also seen others who can’t seem to replicate the OP’s stellar trading performance.


Don’t Waste Time Practicing Bad Trading Habits

One of the most common beliefs in any high-performance endeavor is that practice makes perfect. And why not? After all, the body usually learns to perform actions through repetition. That is, if you repeat a routine often enough, you will become proficient in it and


Dealing With Forex Trading Boredom

Forex traders thrive in volatility. This is why it’s understandable when a lot of us feel bored when the action slows down. And as humans, we’re naturally inclined to avoid boredom. Heck, mankind has made many technological developments just to address those unavoidable inactive moments


Why It’s Important to Enjoy What You Do

It’s a common misconception that expertise in a particular field, be it forex trading or sports, is simply an inborn trait that is possessed by an elite few. This line of thinking assumes that either you’re an expert or you’re not, and that there’s no


Consistency and Forex Trading

If you were to ask a group of profitable traders what the secret to their success is, chances are that you’ll hear the word “consistency” more than once. Unfortunately, achieving consistency is easier said than done. But by creating a process and setting trading rules


4 Steps to Entering Forex Trade Orders Like a Boss

Remember that a single mistake could spell the difference between winning and losing a trade, so it’s important that you develop the habit of thoroughly planning your orders. 1. Identify your entry, stop loss, and profit levels I won’t go into the “whys” of a

No Thumbnail

5 Old But Gold Tips for Forex Trading Newbies

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 that might help: 1. Learn to limit your losses. The science of successful trading is