The conversation between human and AI assistant.
We are doing a FOREX Activity in my economics class. What steps should I take to make sure I end up with the most profit?
Yes, what kind of trading strategy do you recommend for beginners?
For beginners, I recommend starting with a basic strategy such as trend following or range trading. These strategies are relatively simple and can help you get a better understanding of how the market works. As you gain more experience, you can explore more advanced strategies such as scalping or swing trading. It's also important to remember to only trade with money you can afford to lose and to have a solid risk management plan in place.