There are many other rules out there that traders like to follow, but these are a good starting point for even the most beginner trader. To increase your gains and minimize your losses, read the following 7 forex trading rules.
1. Use a trusted and regulated platform
Using compliant and regulated brokers and websites is one of the main laws to consider. It could cost you more not to inspect for enforcement than to miss a trade. But bear in mind that the forex market is unpredictable and very volatile, and at any moment, even the most seasoned trader may take a big loss.