Trade on Popular Currencies

As a beginner you should focus on popular currencies and avoid thin markets because the lack of public participation will make it hard to liquidate your positions. In a thin market, price is very instable and unpredictable; stick to the major currencies, these are: USD/GBD, USD/EUR, USD/JPY, USD/CHF, and EUR/JPY. Try not to trade in too many currencies at once; it could be confusing and hard to keep track of.

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