Check out different forex brokerages to find one or two that you feel comfortable with. Different brokers use different interfaces and it is important to choose a broker with a trading platform that is comfortable to you and that you find intuitive.… (read more)
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Check out different forex brokerages to find one or two that you feel comfortable with. Different brokers use different interfaces and it is important to choose a broker with a trading platform that is comfortable to you and that you find intuitive. Frustration with a trading platform, leads to delays and losses.
You want to keep your emotional state steady. Remain calm. Stay on task. Manage your anxiety and stress. You should not trade if you cannot clear your mind and stay focused.
If you find you're losing in a Forex situation, don't throw money onto the fire. Stick to the original sum you've put in and wait for it to come out of the hole, or quit that trade completely. Putting more money into it won't bring it back up! The value of currency is based on an entire nation, not just your wallet.
