Forex trading involves risks, like any investment. To manage them, it is critical to start with a clear risk management strategy. Never invest more than you can afford to lose. Also, keep your emotions under control and stick to your trading plan. Understand that profits and losses are part of the game and it is important to have a long-term perspective. For beginners, I often recommend
fbs broker and focus on the main currency pairs. They tend to have higher liquidity and are less volatile than exotic pairs. This is a good way to get a feel for the market. As you gain experience, you may want to consider diversifying your portfolio. But remember, it is always important to research and understand the pairs you are trading.