Many people come to Forex trading looking for the ultimate lifestyle of wealth and freedom. Whilst this level is by no means unattainable it is these exact thoughts that tend to bring the trader undone. Instead of treating their trading like a business the trader is too busy committing all the errors that will lead to money being lost rather than money being made consistently.
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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To successfully trade Price Action a trader must be able to identify if a market is trending or ranging.
Price Action in Forex is appreciated by traders for its simplicity as it involves using only key levels in the markets with proven Price Action formations.
Top Regulated Brokers
This article does not promise immediate wealth or success, but rather, a slow paced and long lasting strategy that, at the end of the road, will lead you to profits.
This article will give you some important background information relating to the Forex industry so that you can decide independently whether to try it out.
This article will take a look at some of the influences that can affect daily Forex rates.
Forex scalpers focus on very small price movements and evade volatility as a primary consideration.
It is highly recommended for you to create your own Forex brokers guide so that you will keep in mind what offerings and preferences you want in a Forex broker.
Want to know whether Forex micro accounts are right for you? The experts at DailyForex explain how Forex micro accounts work, so that you can decide.
Bonuses & Promotions
During our learning curve in forex trading we are told in a large number of occasions that any trade we open we must include a stop order strategy and also possibly a limit order strategy to our trades.
The Forex market is always exciting because it never shuts down. Do not worry about the Forex morning trade.
There is, contrary to popular belief, such a thing as too much information.
Discover the basics of currency trading to gain a solid start to your Forex trading journey. Learn how the market works and how to get started in Forex.
Any individual that has even opened a demo account knows the future of speculative trading lies in Forex web trading.
In this article I will explain what Forex swaps are and how they work, so if you are or plan to be a longer-term trader, you can plan accordingly and act to preserve your profitability.