#1. Education
The first thing you need to consider is that you’ll need to know a little bit about what you’re doing. Whether you once had a decent forex trading account that crashed, or you are just starting out with no experience, you will need to educate yourself on forex basics.

Get acquainted with risk management and other basic forex concepts before you commit any money to a trading account.

#2. Start Small
Start small means to start really small. You can’t have success at trading for dollars until you’ve had success at trading for pennies. One broker that will allow you to do that is Oanda. With Oanda you can open a trading account with as little as $1.

#3. Invest Regularly
As you refine your craft, start investing on a regular basis. Add $5 or $10 a week to your account. It doesn’t sound like much, but over time regular investing, along with your gains compounded can give you quite a sizable account. The best part of this being that it won’t hurt to build your account. You won’t lose "the last of your savings" on a trading stunt that you thought was a sure thing.

#4. Be Patient
Forex is all about patience. Starting small may seem slow, but it will keep you disciplined. Trade small and view everything in terms of percent, rather than dollars and cents. With a $10 account if you have a gain of $1, that’s a 10 percent gain. If you lose $1, you’ve also lost 10 percent, but you’ve learned a lot and it only cost you $1.

Profitable investing takes time to learn. There isn’t anyone that is good at it on their first day. It just takes time to learn. Investing small on a regular schedule will help you combat some of the major hurdles in learning forex trading.