forex trading

Some tips for Successful Forex Trading: 1.Define your goals and then choose a style of trading that is compatible with those goals. Be sure your personality is a match for the style of trading you choose. 2.Choose a broker with whom you feel comfortable but also one who offers a trading platform that is appropriate for your style of trading. 3.Choose a methodology and then be consistent in its application. 4.Choose a longer time frame for direction analysis and a shorter time frame to time entry or exit. 5.Calculate your expectancy. 6.Focus on your trades and learn to love small losses. 7.Build positive feedback loops. 8.Perform weekend analysis. 9.Keep a printed record.

There are many forums out there where you can chat with fellow traders and get tons of advice. A good one for a beginner is babypips.com Also, many forex brokers give no-deposit bonuses for new members which is great for beginners as you can practice trading without investing your money. Forex-Metal gives $100. Check out at forex-metal.com