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1. How Succeed On
Forex

2. Open a virtual or simulated Forex
trading account. Many brokers
offer this service to their clients,
and most major Forex brokers also
offer a 30-day demo account for
prospective clients. It is essential
that new traders interact with the
Forex market using fake capital
until consistent "profits" are
achieved.
How Succeed On Forex

3. Study the Forex charts for signs of
trending activity. Although there
are many techniques to Forex
trading, trend analysis is one of the
oldest and most important methods
for training in this market.
How Succeed On Forex

4. The Dow Theory first defined a
"trend" nearly a century ago, and
this concept is still used every day.
An up trend is defined as a
sequence of "higher highs and
higher lows." As prices fluctuate,
they create new highs. The
declines off these highs don't fall as
low as previous declines.
How Succeed On Forex

5. How Succeed On Forex
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