Forex Articles

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.

Successful trading requires a strategy that matches the trader’s personality, skills, knowledge, and capabilities. Today, we will look at scalping vs. day trading, two short-term trading strategies that share many similarities. Still, a few critical differences exist, which you should consider when determining whether scalping or day trading is a better fit for you. Read on to find out if you are a scalper, a day trader, or if you should choose another strategy.

Trading styles should reflect the personality of traders, and scalping vs. swing trading offers two approaches on different ends of the spectrum, but which is more suitable for your trading requirements? I will break down the core components of each strategy to help traders decide if they are scalpers or swing traders.

The most successful Forex traders in the world share many similarities, despite using different trading strategies. Retail traders may do well to consider identifying and adopting these commonalities in the approaches of successful traders. In this article, I have provided a list of well-known traders to introduce their strategies, philosophies, and triumphs. Read on and learn how you can become a better Forex trader.

Forex trading volumes continue to expand, with daily turnover exceeding $7.5 trillion, on track to reach $10.0 trillion this decade. The Forex market is a decentralized over the counter (OTC) market. It is accepted as the most liquid market and is operational 24/5. The highly leveraged Forex market attracts scores of new Forex traders daily, but how do Forex traders make money?

Let’s immediately address the question most commonly asked by prospective Indian traders: “Is Forex trading legal in India?” Yes, it is, but under strict conditions. India’s laws restrict its residents to a specified list of currency pairs, trading instruments, allowable brokers and exchanges.

Scalping remains one of the most popular trading strategies, but what are the best Forex indicators for scalping? Find out by reading on.

Unlike equity markets, the Forex market operates 24/5 without official opening and closing times. There is just a start and end to the trading week. The best time to trade Forex in Malaysia always depends on the Forex trader, despite popular theories on the best time to trade. From a technical and cost perspective, trading during the most liquid trading sessions offers core benefits. I will explain the unofficial trading sessions in the four core Forex markets and how they relate to local times in Malaysia. I will also discuss overlapping sessions, and why liquidity matters.

Trading bots have risen in popularity over the past two decades, and technological breakthroughs, particularly relating to artificial intelligence, have supercharged the sector, but are trading bots legal? Find out what you need to know about the legality of using trading bots before you deploy them and learn how to identify scams and fake bots.

Is automated Forex trading profitable? The short answer is yes and no. As with all matters related to Forex trading, it is more complex than it appears. I will explain under which conditions automated Forex trading is profitable and what to avoid, as the sector is ripe with scams and misinformation, leading to confusion among retail traders.

Germany, like many other nations, has recognized retail trading, including profits from Forex trading, as taxable. German residents must understand and declare their trading profits on their tax returns.

Leverage is among the most important trading tools for many profitable Forex traders. It is also one of the most misunderstood concepts, and the amount of misinformation about leverage and risk is overwhelming. 1:500 leverage is the standard for major Forex pairs. I will begin by debunking the illusion that higher leverage results in higher risk and give Forex traders facts about leverage to help them understand it.

Futures present both opportunities and challenges for Muslim investors wishing to conduct their investing under Islamic financial principles. When answering the question, “Is futures trading Halal or Haram?” there is no absolute “Yes” or “No.” Rather, it depends on various factors, such as the futures contract in question, the style of trading, and the risks the investor takes.

The Forex market ranks among the most dynamic income-generating financial markets with life-changing potential. It is also why countless Forex scammers attempt to enrich themselves, exploiting misinformed and uneducated beginners. Knowledge is the primary defense against Forex scams, and I will provide a few examples in this Forex scammer list, which covers common scams and how to avoid them.

XAUUSD is an expression widely used across trading desks, but what is XAUUSD, and should you trade it? I will cover the XAUUSD, explain why you should trade it, how you can trade it, and provide tips on effectively trading the XAUUSD.