5 Things I Wish I Had Known When I Started Trading Forex ??
Forget about the money and start small. Prove that you can trade and make money before you start putting in serious money. If you're starting with a big account you will start experiencing a lot of pressure when trading the markets.
2) Focus on risk! Risk management counts for a lot in trading - even if you have the best system in the world, if your risk management sucks you will end blowing up your account.
3) Filter out the noise! If you want to follow somebody, follow somebody...but get rid of the excess noise.
4) Stick to one trading method or trading strategy.
5) Be in it for the long term. Getting rich quick is not the way to do it.