All you need to do when it comes to forex trading is to understand what you want to achieve.
When deciding what you want, you must be realistic. Set yourself a realistic and measurable goal. This could be something like: achieving a 20% annual return on investment, earning $5,000 in profits, earning a total of 100 pips per month or something similar. Whatever you decide, your goal should be easy to measure. What is also important as a trader is to set a goal that can be achieved over a long period of time - it is recommended to set a yearly goal to achieve rather than a monthly goal.
Once you have identified your main goal for the year, now is the time to start learning how to achieve it and be a successful trader. The best way is to determine what resources are available to you. This may include the size of your deposit, the amount of time you wish to spend on trading, and the amount of available funds you wish to spend on trading-related matters (software etc.). Once you have a clear vision here, let's move on to the next step.
Now that you know what you want to achieve and what you want to bring to the table, it is time to create an action plan, which is the cornerstone of a trader. This business plan should include the currency pairs you plan to trade and the amount of trades you will commit to. This is of course difficult without a proper strategy, so first prepare a template for your business plan, and then move on to the next step