Forex Tips for Beginners

Introduction Hi, I’m Newaf, and I’m learning forex.Many Ethiopians are now joining forex, I started using Exness last month and it’s easy to understand!Are you new to forex trading? Do you want to learn how to trade and avoid common beginner mistakes? You're in the right place! In this post, I’ll share 7 simple and powerful forex tips every beginner should know — whether you're in Ethiopia or anywhere in the world. 💡 1. Start With a Demo Account Before risking real money, open a demo account on platforms like Exness or OctaFX . Practice trading with virtual money and learn how the market works without pressure. 📚 2. Learn the Basics First Don’t rush! Take time to understand: What is a currency pair (e.g., EUR/USD) What is a pip , lot size , leverage , and spread How to read simple charts (candlestick charts) Watch free YouTube videos, read blogs (like this one 😉), or use forex apps like Babypips . 💸 3. Never Trade With Emotion Beginners often panic when th...