This forex market is huge, like, mind-bogglingly massive, with over $5 trillion traded daily. It's got potential, but it's also got its share of risks.Here are some friendly tips to navigate this world:
When you're starting, start small, don't go all in at once.
Keep a journal to track your trades and learn from them.
Practice first with a demo account, get the hang of things.
Be cautious with leverage; don't bet more than you can afford to lose.
Spread your risk, don't put all your money in one basket.
And, importantly, use stop-loss orders to limit potential losses.
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