Originally Posted by
resham
It's simple if to follow some rules like first of all learn all the glossary og forex and how it works and about its timings,, than open a demo account for understanding teminal and opration of terminal than open a cent account and practice to control your emotions and greed there. As for forex traders you don't need a licence to trade forex. You don't need formal qualification to trade forex unless you wan't to work as a forex trader for bank or some other organizations. If you're just retail traders like you and me, we just need to open a forex account and made some deposit. So as long as you trade forex you can be called forex trader though you may not be qualified to be called professional trader.