Beginning in forex trading can be intimidating, but there are a couple of principles that can help make the journey easier. The first is to start small. Getting into large trades with little experience is the quickest way to lose money. Learning the mechanics of the market on a demo account, or trading with a small amount of real capital gives you the opportunities to learn without heavy financial pressure. Think of it as an education you are paying for, not trying to make money.

The second principle is controlling your emotions. Fear and greed frequently are what make traders act against their plan of trading. After a huge winner, you may be tempted to get reckless. After a loss, you may be tempted to chase the market to make it back fast. Both of these emotions can ruin an account. The best traders stay calm, understand that wins and losses are part of the game, and stick to their plan.