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Before entering the foreign exchange (forex) market, you should define what you need from your broker and from your strategy. Learn how in this article. The forex (FX) market has many similarities to the equity markets; however, there are some key differences. This article will show you those differ Day trading is not gambling, at least it's not if you're doing it right. Avoid these 10 common errors that forex day traders make. The foreign exchange market (forex) has a low barrier to entry, which makes it one of the world's most accessible day trading markets. If you have a computer, an interne Learn the most common reasons why forex traders lose money so that you understand what to avoid if you want to become a winning trader. Michael Grabois / Getty Images A commonly known fact is that a significant amount of forex traders fail. Various websites and blogs even go as far as to say that 70 Scenarios for how much forex day traders could theoretically make based on various strategies, win-rates, leverage, and other factors. Cory Mitchell, CMT In forums and in emails I receive, a common question is "How much money can I make day trading forex?" The questions vary, such as "How long to do Forex trading has a steep learning curve. Read to learn the basics of currency pairs, how the forex market operates, and details on market pricing. "Forex" stands for foreign exchange and refers to the buying or selling of one currency in exchange for another. It's the most heavily traded market in Coalition of Mavens - Find your maven This forex day trading strategy takes advantage of certain price patterns that may occur when the price nears the London or New York session high or low. Cory Mitchell, CMT Examples of trade setups as the price approaches the daily high or low point from the Lon
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