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Optionbit
Oct 1 2012 16:13

Making a forex trade is a simple process, but it's something that should be done with caution. Forex trading is all about managing risk and emotions. If you are making forex trades and you feel emotional, nervous, or any anxiety at all, you need to take a look at what you're doing.

Most traders that have issues with nerves have either lost money, they are trading with too much leverage, or both. If this is you, take a look at the basics of forex risk management and start doing things like setting reasonable stops and reducing your leverage. It will help tremendously.

The Mechanics of the Process

or both. If this is you, take a look at the basics of forex risk management and start doing . Once you find a broker you'll need to open a Forex Trading account. A simple process, but it can take a few days to get everything squared away.

See also: Getting Started with Forex Trading