Forex trading market is a busy place where many traders win millions and many other lose a good amount of their capital. There are many reasons which culminate in losing money, you have to be very careful in investing your capital as a bad trade may wipe off your account. In this article we will discuss few tips to avoid this lose. These are not hard and fast rules, just few things to keep in mind while trading Forex.

Firstly, keep your focus on the trade. Don't be a day dreamer about your profits. Be realistic; keep your focus on current trade, place a reasonable stop lose on your trade and then sit back. Once traded, it is out of your hands, now you can not do anything. You have to wait what market will do with your money. If you lose, accept your failure and be ready for the next trade. Money losing is better than losing your courage. Wining and losing is part of this game. Learn from your experiences.

Secondly, you can learn a lot from demo accounts. But use them as a part of your learning Forex and don't be dependent on them. Once you learn how Forex market works, how your broker systems works, then instead of using demo account, start trading with small amount of real money, every trade will add a new thing in your experience.

Thirdly, don't trade if you are getting bored or unsure about the market. If you are not in proper frame of mind for trading or unable to concentrate, don't make a deal, it might lead you to losing a trade.

Moreover, don't be emotional, as emotional decisions are often wrong. Being excited after winning a trade or worried after losing, will disturb the level of your confidence. Either you will become over confident or you might lose your confidence, in both cases chances of lose will increase.

Additionally, select the trust worthy broker. Many brokers are in the market just to make money so be careful in choosing a broker.

These few tips will help you in trading. Forex market is a complex place; you should learn the rules of this market before investing your money.