User Name: Password:      Register - Lost password?

Forex News Blog
Back to The Headlines
Tuesday March 1, 2022 - 12:18:06 GMT -

Share This Story:
| | Email

Forex Trading Tips for Newbies


Experienced forex traders will often tell you that the marketplace is an unforgiving one, and there will always be moments when things don’t go your way. It’s understandable to feel like forex can be unforgiving, but it’s more about learning the nature of forex trading, and how to make a difference.

Most traders starting are full of bright ideas, and have (hopefully) done their homework regarding the currency pairs they want to begin with. While it might seem somewhat intimidating, there are ways to make you dive into forex trading less turbulent, and more lucrative as a result. Here are a few forex trading tips for newbies.

  1. The importance of starting small

One of the most common tips you'll get when going for forex trading is to start small. It's a concept that's easy to understand, but not everyone wants to do it. However, the idea of going for an incredible trade that results in quite a bit of profit is often enough that people are willing to take significant risks at the beginning.

The trouble with that tactic is not everyone is willing to be consistent. The moment something goes wrong — usually, someone takes a big enough risk — it can discourage new traders from trying again. This can be troublesome as it can push new forex traders to quit right away due to an unlucky trade.

The reason you start small is to allow yourself to learn as much as you can. It's a process of trial and error, and one that you can more easily manage if you start small. Build your confidence before tackling more expensive trades in forex.

  1. The subtle impact of financial advice

While it’s understandable for some traders to want to figure things out on their own, financial advice can be invaluable for forex trading. There are times when you have to spend money to make money, and forex trading is where you’ll need as much insight as possible. The great thing about services such as those provided by is the wealth of business advice you get — not just in forex trading, but in general.

Financial advice doesn’t seem like it might be necessary for some, but even the most experienced traders will hire financial advisors if they aren’t confident with the industry marketplace.

  1. Keep things as simple as you can

There’s no denying that forex trading can be a challenging process for newcomers, but it’s easy enough to get into a routine if you follow the above tips. The only thing you have to do to ensure things go your way is keep things as simple as possible. With financial advice, you’ll learn about trends that go upwards (look to buy), sideways (wait), or downwards (look to sell). It’s a relatively simple process where you’ll find more patterns as you go.


Forex trading isn’t for everyone, and those that want to profit would do well to take things slow. Only when you’ve built enough confidence and have a general idea of when you can make the right moves should you consider larger trades.




Forex Trading News

Forex Research

Daily Forex Market News
Forex news reports can be found on the forex research headlines page below. Here you will find real-time forex market news reports provided by respected contributors of currency trading information. Daily forex market news, weekly forex research and monthly forex news features can be found here.

Forex News
Real-time forex market news reports and features providing other currency trading information can be accessed by clicking on any of the headlines below. At the top of the forex blog page you will find the latest forex trading information. Scroll down the page if you are looking for less recent currency trading information. Scroll to the bottom of fx blog headlines and click on the link for past reports on forex. Currency world news reports from previous years can be found on the left sidebar under "FX Archives."

Actionable trading levels delivered LIVE to YOUR charts

GVI Trading. Potential Price Risk Scale
AA: Major, A: High, B: Medium

Mon 27 May 2019
AAGB/US- Holiday
Tue 28 May 2019
A 14:00 US- Consumer Confidence
C 13:00 US- Case-Shiller
Wed 29 May 2019
A 08:55 DE- Employment
AA 18:00 US- BOC Decision
A 18:30 US- EIA Crude
Thu 30 Mar 2019
AAEZ/CH- Holiday
A 12:30 US- Weekly Jobless
Fri 31 Mar 2019
AA 10:00 EZ- Flash HICP
A 12:30 US- Personal Income, Spending, Deflator
AA 14:00 US- Final Univ of Michigan

Global-View Affiliate Program

We are starting an affiliate program to market some of our products.

Send me an email if you would be interested or if you know someone who would like to be an affiliate. Generous commissions payout for those accepted.

Put the word "affiliate" in the email subject line.

Contact us

Start trading with forex broker Markets Cube


Retail Forex Brokerage Changing!

Are you looking for your first broker or do you need of a new one? There are more critical things to consider than you might have thought.

We were trading long before there were online brokers. Global-View has been directly involved with the industry since its infancy. We've seen everything and are up-to-data with recent regulatory changes.

Our Best Brokers listing section includes:Forex Broker Reviews, Forex Broker Directory, Forex Broker Comparisons and advice on How to Choose a Forex Broker

If would like guidance, advice, or have any concerns at all ASK US. We are here to help you.

SEE Our Best Brokers List

Currency Trading Tools

  • Live rates, currency news, fx charts. 

  • Research reports and currency forecasts.

  • Foreign Exchange database and history.

  • Weekly economic calendar.

Directory of  Forex trading tools

Terms of Use    Disclaimer    Privacy Policy    Contact    Site Map

Forex Forum
Forex Trading Forum
Forex Forum + forex rates
Forex Forum Archives
Forex Forum RSS
Free Registration

Trading Forums
Currency Forum Guide
Forum Directory
Political Forum
Forex Brokers
Compare Forex Brokers
Forex Broker News
Forex Broker Hotline

Forex Trading Tools
Currency Trading Tools
Forex Database
FX Chart Points
Risk/Carry Trade Chart Points
Economic Calendar
Quicklinks to Economic Data
Currency Futures Swaps
Fibonacci Calculator
Currency Futures Calculator

Forex Education
Forex Learning Center
FX Trading Basics Course
Forex Trading Course
Forex Trading Handbook

Forex Analysis
Forex Forecasts
Interest Rate Forecasts
Central Bank Forecasts

FX Charts and Quotes
Live FX Rates
Live Global Market Quotes
Live Forex Charts
US Dollar Index Chart
Global Chart Gallery
Daily Market Tracker
Forex News
Forex Blog
Forex News
Forex Blog Archives
Forex News RSS
Forex Services
The Amazing Trader
Forex Opportunities
Forex Affiliates
Forex CopyTrading
GVI Forex