Best Practices from FXCM’s Most Profitable Forex Traders (Traits of Successful Traders)

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The DailyFX research team and the DailyFX trading instructors closely studied the trading trends of FXCM clients, utilizing a full year of trade data from FXCM client accounts. They went through an enormous number of statistics and anonymized trading records in order to answer one question: What separates successful traders from unsuccessful traders?

With this unique resource, they were able to distill some of the “best practices” that profitable FXCM traders follow, such as the time of day they trade, the amount of leverage they use, the currency pairs they trade, and more. Those best practices are outlined for you here in this guide.

This Trading Guide Will Teach You:
- The best time of the day to trade forex
- The #1 mistake forex traders make
- How to trade the major currency pairs during active hours

We hope that this series will help you become a profitable trader.