forex beginner guide new

[75chuma]

how currency pairs function, effective trading strategies, risk management, market analysis, and ways to avoid common mistakes.

 

[Fin_Trader]

risk managemen

To manage risks on forex, you need to use stop losses in your trades, correctly calculate the lot size in transactions according to the risk management rules, and also trade with a reliable regulated broker with an impressive period of work in order to minimize your non-trading risks. For example, I chose a company with more than 16 years of work in the market and a reputable FCA license.

 

[Jason Libson]

Currency pairs represent the value of one currency against another, with the first being the base and the second the quote currency. Effective strategies include trend following and breakout trading. Risk management involves stop-losses and position sizing. Market analysis combines technical and fundamental insights, helping avoid mistakes like overtrading or emotional decisions.