No matter how skilled you are in Forex, your level of risk exposure will determine your success. So, your number one rule in Forex is to set up appropriate risk system. Such Risk system will include setting Stop Loss and Take Profit all the time if you are a long term trader. Then apply the 1% or 2% of your capital rule. It is also important to use the right broker that gives you access to a flawless trading platform. Forexchief mt4 and mt5 servers are top notch with superb execution. With such speed your Stop Loss and Take Profit will be hit without slippages. I can only trust such a broker.