How do I place stop losses and profit levels?
Hungry for learning, he says, without bothering to even open the several cans of food that are right in front of him.
Open up a demo account, follow the instructions
Well that sure does not work like that. You need to learn a lot more.
Read the School webpage of Babypips.com
I read through the school section of babypips.com and it is definitely very useful and instructional. It has given me a very good basic and foundation to start understanding forex.