Many forex newbies struggle with placing stop losses, a easy solution would be to practice in a demo account. The focus on this post on very simple tips about:

• Stop Losses
• Demo Accounts

Forex currency trading beginners should be aware of the following. A major problem with stop losses is placing tight stop losses with retail brokers! This can be a very risk tactic. A good place to practice would be in demo account. But beginner forex traders should be aware of the time delay in demo accounts – in other words demo accounts are not time sensitive as real world currency trading accounts.

For more info visit this greater fx education blog: Forex Trading Beginners