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• Accessibility The market is open 24 hours a day, 5 days a week. The market opens Monday morning Australian time and closes Friday afternoon New York time. Trades can be done on the Internet from your home or any places.
  
  
• Every Forex trader needs to know at least the basics of technical analysis and how to read basic financial charts. He should study chart movements and indicators and understand how charts are interpreted.
  
  
• Most online brokers have demo accounts that allow you to make free paper trades for up to 30 days. Every new FOREX investor is strongly advised to use these demo accounts at least until they are showing consistently steady profits.
  
  
• Forex is more predictable than stocks. It follows well established trends; it allows high leverage typically 100:1 instead of 2:1 on the stock market; and it doesn't require a large investment mini accounts as small as $250 can get you started in FOREX.
  
  
• Don't think that signals can take the place of trader education they are advice, and if you don't have the knowledge to analyze the advice, you should go back to the books before using a signal service.
  
  

To succeed in forex trading, you should learn from Forex Mentor. Working with a best trader can provide valuable insight into the psychology of Forex Trading.

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