Before conducting his first transaction on the real forex market, novice traders should familiarize themselves with this business, learn about it, and prepare themselves psychologically for the first trade they will conduct. This initial stage consists of five steps:

1. Theoretical preparation and learning.
2. Choosing and acquiring the charting and analytical software, and sources of current market information (data vendors).
3. Developing practical skills and using acquired theoretical knowledge; developing trading techniques and skills as well as trading strategies and systems, on the virtual trading account under real market conditions.
4. Choosing the dealer or the broker company.
5. Defining the size of the investment capital and opening a trading account. You should understand that the learning process could be more effective and mutually enjoyable if you accept some of my preliminary advice and recommendations.

Here are some tips on how to conduct some preliminary self-training so you can better absorb the material you're learning.