Good government by PAP cause our sing dollar to appreciate, which in turn causes MAS to lose $30 billion in forex. Even when sinkies win, they lose. It's a strange world.
Forex has always been risky. The more money you invest in it, the bigger risk.
It is better to never risk more than you are comfortable losing on any given trade, and implement stop-loss orders and limit your exposure to a small portion of your trading capital.
I started with a demo account provided by a reliable
Forex Trading app. This allowed me to gain experience and test different strategies without risking real money.
And then I developed a trading plan that outlined my goals, risk tolerance, entry/exit criteria, and risk management strategies.