Don't diversify your portfolio too quickly when you are first starting out. It is best to choose from the principal currency pairs. You might get flustered trying to trade in many different markets. This type of activity can lead to careless and reckless behaviors. These are horrible for investing.
Sharpen your mind's ability to process data from charts and graphs. You need to be able to synthesize info from all sorts of sources in the Forex market.
If you plan to open a managed currency trading account, make sure your broker is a good performer. Pick a broker that has a good track record for five years or more.
The account package you select should reflect your level of knowledge and
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