Other people can help you learn trading strategies, but making them work is up to you following your instincts. Always listen to what others have to say, but remember that your final decisions regarding your money are your own.
Beginners in the Investing market should be cautious about trading if the market is thin. This is a market that does not have much public interest.
Use margin wisely to keep your profits up. Margin has the potential to boost your profits greatly. If margin is used carelessly, however, you can lose more than any potential gains. Margin should only be used when you have a stable position and the shortfall risk is low.
The best way to get better at anything is through lots of practice. Make good use of your demo account to try all of the trading techniques and strategies you want -- go crazy, since you aren't risking any real money. You can find quite a few tutorials online that will help you learn a lot about it. Learn as much as you can about Investing trading before starting to trade.
Make use of a variety of Investing charts, but especially the 4-hour or daily charts. There are charts available for Investing, up to every 15 minutes. However, these small intervals fluctuate a lot. Use lengthier cycles to avoid false excitement and useless stress.
Accurately placing stop losses for Investing trading requires practice. You can't just come up with a proper formula for trading. It's important to balance facts and technical details with your own feeling inside to be a find more information successful trader. You basically have to learn through trial and error to truly learn the stop loss.
There are many traders that think stop loss markers can be seen, and will cause the value of that specific currency to fall below many other stop loss markers prior to rising again. This is a fallacy. You need to have a stop loss order in place when trading.
Now, you need to understand that trading with Investing is going to require a lot of effort on your part. Just because you're not selling something per se doesn't mean you get an easy ride. Just remember to focus on the tips you've learned above, and apply them wherever necessary in order to succeed.