My second recommendation is to practice a lot. Your forex broker will let you open a free demo forex account and you will trade the real time forex market. Of course this is not real money. I suggest you practice for 3-6 monthes before starting trading forex with your own money in a live account.
You need to know that forex brokers requires a minimal investment to open a forex live account. Marketiva, will let you open a free $10,000 practice account and gives you $5 to trade live.
If you really want to become a forex trader and from your home, you must be patient. Learn to manage risk and practice currency trading a lot with a demo account.
Wednesday, January 14, 2009
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