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.
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Malaysia emerged as a core global tech hub and home to a well-educated and tech-savvy population. The technology infrastructure is ideal for Forex trading, and well-regulated, international, off-shore Forex brokers cater to the rise in trading demand. Malaysia is also an often-visited regional Forex hub where Forex brokers hold seminars to advance Forex trading. I have researched some of the most successful Forex traders in Malaysia to inspire beginners to plot their course through the Forex market and to provide cautionary lessons that can shorten their learning curve.
High-frequency trading (HFT) is an intriguing and controversial technological development. It is on the brink of the next leap forward with quantum computing enabling transaction speeds previously thought impossible. HFT trading strategies can provide significant profit potential, but only with the proper hardware and software. This article will introduce you to HFT, cover the primary HFT trading strategies, and note the regulatory challenges to give you an idea of whether HFT is a venture you should pursue.
Gold trading refers to the buying and selling of gold. Most gold traders transact using derivatives, and the XAU/USD CFD ranks among the most traded gold assets. Gold is a central part of the global financial system, and traders use it to hedge portfolios against inflation, recession risk, and geopolitical events. Given the volatile nature of gold, using a gold trading bot for algorithmic trading can provide gold traders with a significant edge. Read this article to learn if and how a gold trading bot can benefit you.
Top Forex Brokers
Gold is one of the most liquid assets, and scalping is one of the most popular trading strategies. Using a gold scalping strategy is a perfect combination, and while it sounds simple and exciting, it is far from easy. Gold is very volatile, making it an excellent asset to scalp, and most traders scalp gold using the XAU/USD CFD, available in most trading platforms, including MT4, MT5, and cTrader.
A margin call in Forex is not an event a trader would wish to face, as it indicates a potential total loss scenario. It can happen when traders engage in margin trading but lack the knowledge necessary to use it properly. Before traders panic over a margin call, they must understand what it is, what happens, and how to react.
Leverage on Forex trading remains one of the most misunderstood concepts in trading. Read this article, to learn, what it is, what the biggest misconceptions are concerning leverage, and what benefits and risks are involved.
The UK remains the global financial center of the world. It is the primary Forex and gold trading hub and is the primary center for hedge funds and private equity firms. The cutting-edge infrastructure provides an excellent foundation for successful traders. Read this article and see what you can learn from the big wins and losses of Britain’s most successful Forex traders before you seek out the best Forex brokers in the UK and open an account.
Australia is one of the four core global Forex markets, in a time zone that unofficially starts each trading week. It has a high-quality trading infrastructure, is a financial hub for the Pacific region, and provides competitive conditions for local Forex traders to thrive. Some of the best Forex brokers in Australia have global reach due to their trading presence as offshore entities. Beginners can learn from the wins and losses of the most successful Forex traders in Australia and use it as an inspiration to chart their path.
Gold is one of the most traded assets globally, and the best gold brokers offer tight spreads and algorithmic trading. Today, we will answer the question of when the gold markets open to help gold traders maximize their outcomes.
Bonuses & Promotions
Yes, you read the title correctly. Why am I not surprised that I am writing this article? Well, I should not be surprised, yet I partly still am.
This article is for Malaysian traders wanting more clarity on their tax obligations, including the different tax rates for tax residents vs. non-tax residents, how Malaysia regulates Forex, the brokers available to Malaysian traders, an overview of tax benefits and exemptions, as well as taxation tips for Malaysian traders. I aim to give readers a clearer understanding of the retail trading environment, particularly regarding Forex trading, in Malaysia.
Singapore has rules requiring some traders to pay taxes depending on specific criteria. The rules are nuanced—many consider them a subjective grey area with little clarity.
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Sign up to get the latest market updates and free signals directly to your inbox.Yes, you must pay taxes on gains from Forex and other securities in the U.S. Uncle Sam wants his slice of the trading pie. This article lays out the basics of how the IRS taxes Forex trading, including: - How the IRS treats spot Forex trading versus Futures & Options - The relevant IRS codes for trading - The tax rates that apply to U.S. traders - Tax benefits and exemptions Let’s get started.
Leverage has become the cornerstone of modern retail trading, and its ubiquity has made it indispensable. Many markets, such as futures, are nearly impossible to trade without leverage because exchanges automatically build leverage into them, and others require leverage for practical reasons because the absolute price movements are small.
Risk management remains one of the most misunderstood trading principles. Many retail traders simply apply static stop-loss and take-profit levels according to a desired ratio, often 2:1, without considering the dynamic nature of the market or the asset. The same applies to algorithmic trading risk management, which we will explore in the article below.