choice of an account package needs to reflect how much you know and what you expect from trading. You need to be realistic and acknowledge your limitations. Nobody learns how to trade well in a short period of time. When you are starting out, you will want to stay with accounts that offer low levels of leverage. For beginners, a small practice account should be used, as it has little or no risk. Meticulously learn different aspects of trading and start trading on a small scale. A key piece of trading advice for any foreign exchange trader is to never, ever give up. Every foreign exchange trader will have a time when he or she has some bad luck. The most successful traders maintain their focus and continue on. While you may become discouraged, you should continue to move forward nonetheless. Stay committed to watching your activities. Don't make the mistake of entrusting this job to software. Although Forex trading is based on a numerical system, human insight and intelligence is needed to make the best decisions. Do the opposite of what you were going to do. Come up with a plan for your trading ventures to help you avoid acting upon your impulses. TIP! When you're new to Forex, one of the first things you'll want to decide is the time frame you'd like to trade in. If you are looking to trade quickly, try buying and selling hourly or every fifteen minutes. Expert Market Find out everything you