Forex may seem like it is easy at first but it is not as simple as it looks to be to the new trader. If you are serious about making money with FOREX, you are gonna have to pay your dues and hit the books and get some chart time. Trade demo account for awhile and so on. Learn TA, learn which news affects what pairs. Learn where to find the news at, Research brokers to see who has the best spreads and so on. Learn to cut losses quickly, learn to control emotion (it can kill you). There are so many different aspects involved in trading that are not apparent when you first start out.
Rule #1 tho, if your new to trading, you should not be on this board looking for tips period!! Trading isn't something you just learn by watching or following others. Its something that you develop on your own. You make mistakes, you learn from them, you lose money, you learn how you lost it, you get too attached to a trade, you learn to not get attached. You hold value to money, you learn not to hold value to money. Money is a tool when it comes to trading, that is all it is, a tool. That is how you should think of it. Your account will rise and fall and rise again over and over. Don't let that bother you, don't get angry or greedy. Take what the market gives you and roll on to the next trade
AI
