The forex markets can be a very lucrative market to trade in and in recent years has become very popular. Contrary to popular belief anybody can start trading forex almost immediately.

When you first begin to look into forex trading it can look quite confusing and most people simply don't know where to start. Below are three tips to getting started in the wonderful world of global currency trading.

1. Do your research. Forex trading is not easy, quick money. You still need to do your research just like any other investment. Keep an eye on the news and be sure to keep up with what is going on. If you are a complete beginner you will need to spend a few days searching the Internet and learning everything you can. There are lots of free resources on the net just do a quick search on your favorite search engine.

2. Get in the right frame of mind. The forex trader often does not think about money like the average person. When dealing currency you have to imagine that the monetary value of what you are buying and selling in is just points, or beans or pips. If you don't distance yourself slightly from the monetary value then the thought of the massive numbers involved will drive your stress levels through the roof. It takes a while to get used to the fact that when you deal in currency you need to deal large amounts, it's the only way to make money.

3. Treat it like any other business. Trading forex on a daily basis is still a business like any other. You can trade pretty much 24hrs a day. Run your trading like any other business, try and set your hours and stick to them. Keep your books up to date and keep an eye on your bottom line. It may seem like gambling at times but you still need to make a profit.

The forex markets can be a risky place if you don't do your research.