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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Markets have been roiled by US President Trump’s announcement of strong new tariffs on all trading partners, followed by a 90-day suspension. How this process plays out will be key to the future of the markets over 2025 and probably beyond.
Most countries impose taxes on individuals for profits generated from commodity trading. The amount of tax owed by individuals is determined by various factors, including the level of trading activity and the types of trading instruments involved. First, let’s explore how commodity trading operates, followed by a review of the tax regulations that apply to residents in three regions: the United States, Canada, and India.
Spot trading is one of the most common cryptocurrency trading and investing methods. ETF fund managers, responsible for most of the market activity by volume over the past two years, use spot trading in crypto.
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Cryptocurrency trading is now part of many portfolios, and it is the only asset class that trades 24/7 with high liquidity. The market cap only trails that of the Forex market, where the trading infrastructure is identical, except for the maximum leverage. Have you wondered how much crypto trading leverage you can get and how it works?
Retail prop trading continues its rapid expansion, but how well are retail prop firms regulated? In addition to examining the current state of global proprietary firm regulation, prospective retail prop traders must understand the difference between retail and professional prop trading, how prop firms operate, how they earn revenues, and what risks are involved.
I love writing about chart patterns because they form the foundation of technical analysis, providing a direct and unfiltered view of the markets. Few people are familiar with the Quasimodo chart pattern, which is a pity, because they’re missing out on a great chart pattern and a fantastic way to trade the markets.
Both stocks and cryptocurrencies can offer exciting opportunities, but each comes with distinct characteristics and risks. This guide breaks down essential concepts, from understanding stock ownership and exchanges to exploring crypto’s digital nature and volatility. l will compare stocks and crypto, highlighting their pros, cons, and key similarities and differences. Whether you’re a beginner or an experienced trader, this article can help you understand each market and make informed decisions based on your risk tolerance, strategy, and long-term preferences.
AI trading signals are the latest hype across the retail trading sector, especially among beginners, with DeepSeek and OpenAI the core buzzwords, but how reliable are they? Before considering using AI trading signals, traders should understand that there is no substitute for learning how to trade, as it will allow traders to spot fake signals, inaccurate signal providers, and scams. Read my short overview of AI trading signals and find out what to look for when considering them for your portfolio.
When I started day trading cryptocurrencies in 2022, I immediately had to incorporate key ideas and trading strategies to be successful.
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Forex trading bots have existed for decades since retail Forex trading appeared in the early 2000s. They’ve helped hundreds of thousands of traders implement automated strategies they might not have been able to trade manually. Until now, developing a trading bot required specialized knowledge and programming skills, plus a lot of time to test it.
NZD/USD nears key resistance at 0.5774–0.5804 ahead of the RBNZ’s expected 50 bp rate cut, with long-term bearish pressure limiting upside potential.
I never thought I’d write an article asking whether Bitcoin could replace gold. That fact is a sign of newer times. Bitcoin and gold could not be more different - gold reaches back to the history books, while Bitcoin is futuristic. However, with BTC’s current value and acceptance, comparing gold and Bitcoin has become a legitimate line of inquiry.
Forex grid trading does not try to predict market direction like traditional trading strategies do. Instead, it is a system of placing pending buy and sell orders around the current market price to take advantage of continuous price movements. Forex grid trading is easy to learn, and the strategy can be active in any market.
The ongoing popularity of Forex trading, which is quickly approaching $10 trillion in daily turnover, offers life-changing opportunities to tens of millions of Forex traders globally. The low capital requirements, ease of access, and 24/5 nature of the Forex market attract tens of thousands of new Forex traders monthly.
Price action uses the price chart, meaning it does not use lagging technical indicators or fundamentals, making it the purest form of technical trading. All traders should understand price action trading because it’s the foundation for understanding what the market is doing.