8 Forex Trading Tips
Foreign exchange (forex or FX) traders participate in the global currency market, buying one currency and selling another in the hope of making a profit. The forex market is the largest financial market in the world, stretching across time zones and operating 24 hours a day during the trading week. The most recent global data shows that in 2022, global daily trading reached levels of $7.5 trillion.
While the rise of online forex brokers and trading platforms have made forex trading more accessible to non-professional traders, even hobbyists can improve their trading through a variety of strategies. The best traders hone their skills through practice and discipline. They also perform self-analysis to see what drives their trades and…
