Your main aim when currency trading is to win more profitable trades than losses. You must also realise from the outset that you will not become a Forex expert overnight in the same way that doctors, surgeons and lawyers do not. As such, you must adopt a very professional approach to improve your Forex skills by minimizing your exposure to risk.

A standard methodology and Forex strategy that can be used to achieve this objective is to evolve a low-risk trading system into a high-risk one in small-step increments. The initial low Forex risk configuration of settings consists of:

1 lot traded only, only 2% of your total margin will be traded, only one currency pair will be traded at any time and only one trade will be active at any one time.
Once you have attained success with this operational configuration, higher risk ones can be introduced by altering the settings one at a time. After a series of successful advancements, you will eventually be able to use your trading system with the following settings:

More than 1 lot traded, 10% of your total margin will be traded, more than one currency pair will be traded and more than one trade can be active. 

This Forex methodology allows you to experiment in small increments of risk rather than jumping into new trading situations before you know exactly what is happening. In addition, if you also observe the following Forex concepts then this will also enhance your chances of gaining increased profitability. 

1. If possible, always try and trade with the trend. This is the equivalent of swimming with the tide.

2. Consider moving your stop loss to breakeven after a suitable potential profit has been recorded. You will then be able to experience the benefits of risk-free trading at an early stage.

3. Always remember that a successive number of small wins can produce an exponential rise in your budget. This effect is known as profit compounding.

4. Take extra care when fundamental news releases are due. These events can produce large increases in volatility that can generate extreme random price movements.

Forex is a complex subject and mastering it is a war not a battle. As such, you are well advised to progress your Forex understanding using small increments of risk. The method, described above, will help you do just that.