Most novices who have just started lose money. There are two suggestions. One is that it is not easy to succeed in the foreign exchange industry. If you are not interested in the trading industry, it will be difficult to persist in making money. On that day, it's best to give up early. The sooner you give up, the less you will lose.
Second, if an individual likes the trading industry and hopes to make a difference in this industry, he must work a hundred times harder. Use the minimum capital and a real position of 0.01 lots to practice. If nothing happens, review it more often. Read some classic books on technical analysis, including Japanese Candle Chart Technology, Futures Market Technical Analysis, and the Wisdom of Stock Trading. These three introductory books are recommended. While reading, it is recommended to look for some specific examples based on actual graphics. In this way, after a month or two Technical analysis skills will be greatly improved.
In fact, the game between foreign exchange trading masters is a psychological duel. If the trading psychology is not good enough, it will be difficult to make money. Good books in this regard are Jesse Livermore, Memoirs of a Great Stock Operator and Qingze's Ten-Year Dream - Confessions of a Futures Trader
Three books by Crowe on investment . More advanced books rise to the philosophical level. Including Sun Tzu's Art of War, Theory of War, Zhouyi, etc., few people have reached such a height.