Trading forex can be a great way to diversify a broader portfolio or to profit from specific FX strategies. Beginners and experienced forex traders alike must keep in mind that practice, knowledge ... Forex has caused large losses to many inexperienced and undisciplined traders over the years. You need not be one of the losers. Here are twenty forex trading tips that you can use to avoid disasters and maximize your potential in the currency exchange market. 1. Know yourself. Define your risk tolerance carefully. Understand your needs. forex advice. sanunagpals May 6, 2019 . 0. Trade Forex The Right Way With These Tips. Find out as much as you can about forex before investing in it. Fortunately, you can start out with a demo account and get lots of practice. This article will cover tips both big and small to get you earning money in no time. FOREX.com is a registered FCM and RFED with the CFTC and member of the National Futures Association (NFA # 0339826). Forex trading involves significant risk of loss and is not suitable for all investors. Full Disclosure. Spot Gold and Silver contracts are not subject to regulation under the U.S. Commodity Exchange Act. Forex Trading Advice 1. Trading is not a get rich quick scheme. It is a normal investment that gets traders return on capital. Have you ever met a trader making double-digit percent return per month on a consistent manner? Trading professionally with proper money management would likely get you a return of few percents a month. From my personal ...