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 browse our articles by category to find information and trading strategies that can help you improve your profitability and enhance your trading experience.
Most Recent
One unique feature of exchange-traded futures is they’re standardized. The way most companies do this is by using minimum lot sizes. The lot size for futures is the lowest ticket size of shares you can trade (futures).
As with everything you buy or sell, things are determined in measurement units, such as a dozen eggs or a pound of butter. The same applies when you’re Forex trading. When you place an order on the Forex market, the lot size is the unit of measurement to determine what you want. The size of the Forex trade is made up of lots, so it’s crucial to understand them to be successful in the global Forex market. Let’s dive in and learn more!
As a Forex trader, you will probably deal with various currency pairs, and it’s important to learn what pips are and how you’re supposed to count them. Today, we’re focusing on BTC/USD, but the same information typically applies for other cryptocurrencies and pairs with the USD cross.
A pip is actually an acronym (price interest point or percentage in point). Overall, it’s important to know how to count pips on Forex so that you can see how much to trade and what you might earn for profit based on your account capital. Let’s learn more about it!
If you want to be a Forex trader, you have to understand what pips are and how to count them. This is for any currency pair, but today, we’re focused on the GBP/JPY. One pip (for Forex) is the smallest price change possible for a currency pair to make, but pipettes are pip fractions. Let’s dive in and learn more!
When trading on the NASDAQ Index (NAS100), it’s important to understand how to count pips. You will learn all about that today in this article. Let’s get started!
Pips are the smallest price changes for a currency pair or other financial instruments, though there are fractions called pipettes. It’s important to understand what they are and how to count them.
Forex trading is a genuine way of making money through which a lot of online traders have become very wealthy. However, as lucrative as the industry is, it is still plagued by suspicion and negative publicity.
Overtrading is one of the most common ways a trader at any level—novice or experienced—can sabotage their performance.
Bonuses & Promotions
Are you a new trader? If so, congratulations on taking your first steps into the world of Forex. As you begin your foray into trading and investing, most of your capital will be relatively small
Many indicators are available to identify if a market is trending, ranging from simple moving averages to more complex statistical models. However, not all price action fits neatly into neat uptrends or downtrends. This is what makes the most effective trading strategies the most complicated.
The financial markets are truly a battle of emotions. Traders will find it hard to succeed when they let fear, anger, and other feelings get the better of them. That’s why trading psychology is crucial in the world of Forex.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.Within the world of investing, nothing will impact the markets more than the actions and words of central bankers. Each action and word uttered by Federal Reserve officials gets dissected to find out clues about future monetary policies. This article takes you step-by-step through how to trade during the FOMC meeting, what to expect from it, and how to profit from that associated volatility.
Many people think of the Forex Market when it comes to investing in new opportunities to make a side income. However, there is still one question that both beginners and expert traders have in mind: Who controls it? Read on and find the answer here!
Being an investor means that you have to take care of many details. However, there are specific dangers that you may not be aware of. Unfortunately, chart manipulation is one of them. Here you can understand what it is and discover things you can do to avoid suffering due to some brokers' unethical behavior.