Basics of Trading
One of the first steps in forex trading is to have a solid understanding of the basics, including knowing what type of trader you are, which will provide the foundation that will support your entire journey. Trading-related books or reputable trading websites can provide you with all the necessary trading basics you need. The basics usually include the subject such as, how prices move, order types and how to place them, risk management, trading hours, how to monitor trading performance and how much is required to trade in an efficient way.