In particular, no novice should trade the forex market without understanding the market's fundamentals first. Currency trading carries a high risk of both profit and loss, which means that no one should invest without gaining a fundamental understanding of the market. Make considerable efforts to learn about forex trading and consider attending educational workshops and courses related to the sector.

After a trader has developed confidence in his or her ability to recognize and analyze jargon, strategies, trends, and data, the trader is ready to begin trading.

I agree with you. It is very important to take the time and place effort on understanding the way the forex market works, so as to get a better idea of key factors and elements. This can be done in various ways, including watching educational videos and following courses, as well as by using a demo account, copytrading and read articles and forum posts to learn as much as possible from other traders too.