Investing trading is more closely tied to the economy than any other investment opportunity. If you are interested in trading on the Investing market, you should first educate yourself on all aspects of world currency and fiscal policy. If you don't understand these basic concepts, you will have big problems.
Emotion should not be part of your calculations in Investing trading. The benefits of this are twofold. It is a risk management precaution, and it deters impulsive trades based on rash decisions. You need to make rational trading decisions.
Have at least two accounts under your name when trading. One account, of course, is your real account. The other account is a demo account, one that uses "play money" to test trading decisions.
When trading, have more than one account. One account is your demo account, so that you can practice and test new strategies without losing money. The second is your live trading account.
New foreign exchange traders get excited when it comes to trading and give everything they have in the process. Most people's attention starts to wane after they've put a few hours into a task, and Investing is no different. The market is not going anywhere, so take breaks to clear your head and refocus.
Because the values of some currencies seem to gravitate to a price just below the prevailing stop loss markers, it appears that the marker must be visible to some people in the market itself. This is totally untrue and you should avoid trading without them.
You should always be using stop loss orders when you have positions open. Stop loss find orders act like a risk mitigator to minimize your downside. You could lose all of your money if you do not choose to put in the stop loss order. Keeping your capital protected is important, and placing a stop loss setup will accomplish that.
It is common to want to jump the gun, and go all in when you are first starting out. Instead, start with one currency pair until you learn the ropes. Wait until you know more about other markets before you expand to make sure you don't lose a lot of cash.
No purchase is necessary for trying a demo Investing account. Just access the primary Investing site, and use these accounts.
Using this knowledge, you are more likely to be successful with currency trading. You have probably encountered a bit of novel Investing advice here; there is no such thing as too much learning on the topic. These suggestions will hopefully give you the things you need to get going in the world of Investing.