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While trading in forex which is a high risk venture, never indulge in money trading which you cannot afford to lose. It is best not to withdraw from retirement accounts or savings to fund this kind of trading. Before trading, determine which way the market is swinging, whether it is on an upswing or downswing. You should also be able to judge for how long the trend is going to last. The next stage is to establish some safety entry and exit points that is the prices at which you would enter and exit trading. Besides availing of the services and advice of the stock broker .