I've traded forex for a few weeks now and would like new traders to be aware of the following so that they can avoid some of the mistakes I've made: - please use more than 10% of your buying power available - generate activity reports daily so that you have a good record of trades just in case there is a dispute - do not overtrade - learn how to navigate your trading platform on a demo before committing real money first - make sure that your fx broker is well capitalized - if you plan on trading lt timeframes, take small positions and big profits - if you plan on trading st timesframes, take small positions and big profits - again, do not use too much leverage buying power ! ! ! ! Good Luck! Making money in fx is not impossible but I have to admit it is a bit more difficult than stocks or futures due to the bucketshop business model... I'll be out of commission for sometime now but will definitely update the board if I make a significant comeback Humble pie tastes very very bad ! ! ! !