Basic Forex Trading Rules, How to do safe forex trading

Basic Forex Trading Rules:

 

  1. Never risk more than 2% on any one trade.
  2. Don’t trade more than five times leverage on any one position.
  3. Trade multiple lots among multiple entries.
  4. If you cannot afford multiple lots, trade mini lots.
  5. Money, Time and Order Management is must.
  6. Trade with proper money management will not guarantee you success, but it will prevent you from falling.
  7. Trade in mini lots with minimum number of orders.
  8. Every order must need take profit and Stop loss.