[dangtrader]

Education and Knowledge: Invest time in learning about forex trading, including market dynamics, trading strategies, technical and fundamental analysis, risk management, and psychology of trading. Continuously expand your knowledge through books, courses, webinars, and reputable educational resources.

Develop a Trading Plan: Create a well-defined trading plan that outlines your trading goals, preferred trading style, risk tolerance, and money management strategies. Your plan should also include specific entry and exit criteria based on your analysis.

Trade with a Regulated broker: brokers that have FCA license and segregated funds offer the highest level of protection. An example of such broker is Hotforex.