There are many forex tips on the net, but the best, most succint gems of distilled forex trading wisdom are here.
Tip #1 Learn the basics
Duh! Sounds simple but you will be surprised at how many beginner forex traders don’t know how to calculate the pip value of their position (before they are in the position, of course), or do not know they must take a look at the daily economic calendar before taking a trade. Well, if you don’t know this, you surely also don’t know what NFP is. In this case, you shouldn’t trade at all. Period. Learn forex. Get some elementary education before opening an account with the best forex broker or forex brokers like Oanda or Dukascopy, for example.
To get top-notch forex blog analysis you have to look around the internet for the best Forex market forecast. This takes quite some time, but the rewards in terms of your profitability will be great. A great way to jump-start your Forex trading career as a novice is to get hold of some free bonus for forex and basically trade with the brokers' money. If you don't like trading by yourself you might want to join a social trading site where you can follow the trades of other people and perhaps trade on the Java-based oanda platform.