only a tenth of those just starting are actually successful with making money in an open market. The other 90% fail because they do not understand the market. True success will take years to achieve. You must have patience, or you could lose money in a short amount of time. Trade on foreign exchange using a mini account first. You can use it to practice trading without having to worry about big losses. Although it may not seem as exciting as an account allowing for larger trades, it can truly make a difference once you sit down and analyze your profit margins and losses. When using an automated Forex System, make sure it is one which can be customized. You want to be able to make changes to your system and software so that they fit your strategy. Read the details on the package of the software you are considering purchasing to determine if it is able to be customized. TIP! To start, you have to develop a plan. You will most likely fail without a trading plan. If you are on a losing streak, don't make the mistake to continue trading to try to make up losses. If you get too emotional, perhaps you need to take a short break from trading. Canadian Dollar The Canadian dollar should be considered if you need an investment that is safe. It may be hard to tell what is happening in another country's economy, so this makes things tricky. The Canadian dollar