As a beginner trader, I used to aim for big profits in a single trade, so I would trade with large amounts of money hoping for big returns. While this can be a valid strategy, it often led to big losses as well. Here are my tips for making a profit, even if you don’t have much trading experience:

1. **Buy Low, Sell High**

You’ve probably heard this advice a hundred times, but it’s true—and not as easy as it sounds. To buy low, watch the currency you’re interested in for several days to understand how it moves. Identify a target price that the currency rarely drops below, and don’t buy until it reaches that price.

After you’ve bought, aim to sell high. Don’t let greed trap you. Set a realistic selling target, even if the price might go higher than that.

I’ll share more tips later!

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