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.
It is surprising that many traders don’t make use of stop loss orders in Forex trading in spite of knowing the benefits of using this feature.
As part of our new initiative to review Forex blogs, this week we will be reviewing the official blog of FxStreet, Trading For A Living.
The growing popularity of Forex brings problems that require caution from the trader’s side. One of the issues in today’s online Forex community, is spam.
DailyForex has started a new initiative in which we review Forex blogs that we encounter. We try to contact the blogger and interview them.
A Forex spread is the difference in price of what a Forex broker will buy from you for (the “ask price”) & the price at which they will sell it (the “bid price”)
This article explains what kind of mistakes a forex trader makes when starting Forex trading. This will be a Forex guide.
There are so many factors that influence a currency's worth from the economic, political, and even social status of the country at hand.
Want to know how to choose a Forex broker? DailyForex has a 10 step guide for finding the right Forex broker.
If you are thinking of getting started with Forex trading, you can learn here what type of account will make sense for you, then open one. Managing a portfolio from the proper Forex account type is essential to the success of any trader and strategy.
With recent changes in the currency market and increased volatility, the carry trade now looks like a losing proposition.
Candlestick charts have been around for hundreds of years. They are often referred to as "Japanese candles" because the Japanese would use them to analyze the price of rice contracts.
Technical analysis is used by many traders as an effective trading method. This article describes what is technical analysis and how it used for successful trading.
In this article, I’ll explain what leverage and margin are, how you calculate them, and how much leverage you should use when trading Forex.
The topic du jour among forex traders, both apprentice and journeyman alike, is which is better, the market makers or the ECN?
Retail forex trading is the most risky form of investing, yet every day hundreds, even thousands of people turn to forex as a way to make a quick buck.
