If you’re just starting out on your forex trading journey, there are a few steps you can take to increase your chances of success:

1. Educate yourself: It’s important to understand how the forex market works and what factors can affect currency exchange rates. You can learn about forex trading through online courses, books, and other resources.
2. Develop a trading plan: A trading plan can help you stay focused and disciplined, which are important qualities for successful traders. Your plan should include your trading goals, risk tolerance, and the strategies you will use to enter and exit trades.
3. Practice with a demo account: Many online brokers offer demo accounts that allow you to practice trading with virtual money. This can be a great way to test out your strategies and get a feel for the market without risking any real money.
4. Start small: When you’re just starting out, it’s a good idea to start with small trades and gradually increase your position size as you gain experience and confidence.
5. Manage your risk: Risk management is an important part of forex trading. You should always use stop-loss orders to limit your potential losses, and never risk more than you can afford to lose.
6. Stay up to date: It’s important to keep up with the latest news and developments in the forex market, as these can impact exchange rates and your trades. You can use online resources, such as news websites and social media, to stay informed.

By following these steps and being patient and disciplined, you can increase your chances of success in the forex market. However, it’s important to remember that forex trading carries risks and there is no guarantee of profit. It’s always a good idea to do your own research and seek professional advice before making any investment decisions.