There are two primary ways to become a more successful Forex trader - to practice, and to learn about the industry. At DailyForex, our goal is to simplify your trading so that you can trade easily and smartly. To this end, we offer you a collection practical articles written by our Forex experts to help maximize your trading success.
You can also check out our compilation of the best Forex articles for additional information about the trading trends, emerging mobile platforms and more.
While there is no “magic bullet” when it comes to entries for trades, there are some things that you should keep in mind when getting involved - Read more here!
There’s a lot of misinformation surrounding day trading but as long as sensible risk management is applied, day trading can be a profitable source of income
Using a pullback strategy, means jumping into a market that has established a trend, and then has gone against that trend, forming an ebb and flow over time
While the obvious way to measure a strategy’s success is to look at the profits & losses, there are other things to consider when choosing a trading strategy.
Will too much information ruin your trades?” it may seem somewhat unlikely, but too much information can complicate your trades & even result in losses.
There are things in life that we control. When it comes to trading; we may think that we’re in control, but in fact the trader controls very little when trading.
Is Forex trading a form of gambling? There are similarities, though in trading there are ways in which traders understand the markets & make educated decisions.
The profit potential in a small amount of time attracts people to trade Forex. Yet, with gains comes the potential for losses that must not be reviewed.
Getting a handle on the forex market is a big ask for any kind of trader, but more so, perhaps, for those who trade part-time.
One of the common indicators used by FX traders is the stochastic oscillator. What is it? How is it used to find divergence, and why is it used as a secondary indicator?
One of the most common ways to trade the Forex market, is to use a moving average trading strategy. Let’s explore some of the common ways to use moving averages
Many factors figure into the valuation of a currency, one of the vital ones is a country’s interest rates. Let’s explore what these mean & how they impact a country’s currency value.
A beginner in Forex trading should open a demo account. Such account will not risk any money & will allow testing a broker, testing new trade strategies & more.
What’s the most common mistake traders make? Undercapitalization, poor analysis & risk management, or a trading strategy? Above all these, is the lack of patience.
How do brokers make their money? This is a fundamental thing to understand before depositing, as you should understand where money flows throughout the system.