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.
Just like in every other part of the world, forex trading is gaining more and more popularity in South Africa as new people discover it. The reasons behind its popularity are simple—you can earn money from anywhere in the world, as long as you have the necessary knowledge and skill to do so
Handling volatility and mitigating risk is something that all forex traders are looking forward to. Nobody wants to have to look at their positions 24/7 and have minor heart attacks each time their account goes in the red.
Trading on the foreign exchange market has seen some pretty drastic changes over the years. The technological advancements of today have been revolutionary in every aspect of everyday life, and forex trading is no exception.
Forex trading has been growing rapidly in Pakistan in the last couple of years, with hundreds of traders joining in daily. However, there are always questions that new traders have in mind before getting in on the action of forex trading in Islam.
It is safe to say that there is no industry or business sector that cannot be improved by artificial intelligence and machine learning. In fact, these technologies have been on the rise for the past few years and quickly found their place in almost every segment of our everyday lives. The benefits that automation offers are undeniable, so it is not surprising that AI and machine learning have started to play a major role in forex trading as well.
The Forex industry offers multiple account types to suit nearly every trader style, from Market Makers, ECN accounts, Standard Lot Accounts, and Micro Accounts to Mirror Trading accounts, Demo Accounts and more.
In this article, I’ll cover the basics of trading bots and, more specifically, what Forex Fury offers traders, its features, performance, risks and ultimately, whether it holds overall value to traders.
I have reviewed several Forex signals WhatsApp groups below, but I cannot guarantee the performance and reliability of their signals. The Forex signals space features many scammers providing strong marketing content to lure traders into opening trading accounts via their affiliate links, where they receive volume-based compensation from Forex brokers or upsell premium subscription-based services, which result in trading losses.
Forex traders must consider a range of possible indicators to determine the appropriate strategy for the currency pair in question. One of the most strategy-defining aspects is which Forex pairs move the most, known as volatility. Everyone who observed Forex charts notices periods of very little price movements followed by sharp spikes and sell-offs. Knowing which Forex pairs move the most will help traders fine-tune their strategy.
Penny stock trading remains a popular strategy choice, and it can yield outsized returns for seasoned traders. The penny stock market is not for beginners, as it features many frauds, especially pump-and-dump schemes perpetrated by investment groups, social trading outlets, and newsletter providers.