Tips to Becoming a Good Foreign Currency Trader 1. Risk-taking - You can never really predict the forex trading game at its exact turns and crucial points. It will always change and cryptocurrency what you thought was going to happen may not happen but that's okay, because it's only with taking risks that you will be able to uncover golden opportunities. The trick to taking good risks as a foreign currency trader is to develop your ability of foresight. You also need to be able to have forecasting in your business methods and learn to make quick probability studies so you can at least predict if the risk is worth taking by a good percentage or not.