Your choice of broker can significantly impact your trading success. Opt for a well-regulated broker with competitive spreads, reliable execution, and good customer support. Practice trading with a demo account to familiarize yourself with the platform and refine your strategy without risking real money.
Protect your capital by implementing risk management techniques such as setting stop-loss and take-profit levels. Only risk a small percentage of your capital on each trade. Study the experience of the best traders in the world who have significant experience and take for yourself the best and proven tools. Keep track of economic news and events that can impact currency prices.
