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Learning to trade Forex can take over 12 months even with intensive studying. You need a trading strategy, risk management or stop-loss strategy, and a psychology strategy to keep you on track. It's important to find a method that works for you and stick to it.
Follow the trend. ...
Try low-risk options trading. ...
Keep an easy to track record of all trades. ...
Leave a little on the table for your gains to accumulate over time. ...
Set your position size according to your account size. ...
Trade small timeframes.
For beginners, swing trading is the ultimate trading form since it takes very little time and can be executed even by those who have a full-time job, while still having great profit potential. To provide some perspective you may be able to swing trade by spending as little time as 15 minutes...
Look at commissions on the investments you'll use most.
Look for brokers with a track record of reliability.
Pay attention to account minimums.
Watch out for account fees.
Look at the pricing and execution fine print.
Consider tools, education and features.
Some common mistakes that are committed by the intraday traders are averaging your positions, not doing research, overtrading, following too much on recommendations.