Assess your risk tolerance
Trading forex carries a very high degree of risk and trading such instruments may lead to substantial losses as well as gains. The currency markets can experience sharp fluctuations, just like the stock or commodity markets. Therefore, if you are interested in forex trading, you are encouraged to make an appraisal of the risks involved and assess your risk tolerance before making any transactions.
Improve your chances for success
Being clear about where you stand financially and your future goals will greatly improve your chances of becoming a successful trader. You can also learn more about forex trading by visiting our education center.