We can’t stress enough how important proper risk management is to succeed in forex trading. To help keep us from losing our risk capital, we have learned in the Senior Year of the School of Pipsology all about stop losses. But out of the four kinds of stops discussed, which one do you think suits your currency trading personality best? …
More often than not, your attitude towards risk is crucial to determining the success of your forex trading endeavor. This could help you find out which trading style is best for you, what kind of system you should use, appropriate trade management techniques, or how you can improve your trading in general. Are you a gambler, a neurotic, or…
We learned all about mechanical trading systems in the School of Pipsology. We even learned how to design and build our own forex trading systems. But like men, not all mechanical trading systems are created equally. Some systems, called trend-following systems, do a better job at catching strong directional moves, while others, known as mean reversion systems, are better for spotting probable currency pair reversal points….
Some forex traders live and die by technical indicators while others couldn’t care less about them. Some rely heavily on their own fundamental or technical analysis while some like to let robots do the thinking. This test is designed to help you determine whether your personality suits discretionary, hybrid or mechanical (automated) trading. Take the results with a grain of salt….
Are you a noob struggling to make sense of all the seemingly complicated trading concepts? Or are you an expert trader searching for bigger challenges? There’s an overwhelmingly large amount of information out there and we don’t want you to get lost! That’s why we decided to come up with this quiz that will help…
Each currency pair is unique. As Dr. Pipslow said about finding your trading niche, each set of currency pairs has its own behavioral tendencies that set it apart from the others. It is important to match your personality with the behaviors of the pairs you trade. We already talked about the majors, the comdolls, and the crosses in…
During Junior Year in the School of Pipsology, we learned that each forex trader is unique and that various trading styles fit different types of personalities. If your personality doesn’t match your style of trading, you could wind up hurting your account AND your ego. This quiz can help you find out whether you are better…