Earning a living from forex trading is quite possible. But there is a checklist that you should follow to get started on the path to becoming a Forex Trader. 1, find the right online broker. The fx industry is full of unreliable brokers. Try to stay away from market makers. Their business is built on your losses because they take the other side of the trade against you. Because of that, they may stop hunt or do other things to lean the odds in their favor. 2, Think about the amount you want to open your account with. Start off very small. As a beginner (or a veteran trying a new method), the focus should not be on making money, it should be on consistently accruing those pips. 3, learn how to properly trade. Start off searching the net for free forex education then consider pay for firms if you need more. Read as much as you can and learn as many strategies as you can. Then work on creating a trading plan according to the methods that you now know and use a demo account or if a live account, use very small lot sizing (preferably micro). 4, if earning a living in the forex market eludes you for whatever reason, perhaps a forex signals alerts service can be of assistance.