There are many forex tips on the net, but the best, most succint gems of distilled forex trading wisdom are here.
Tip #3 Don’t put all of your eggs in one basket
If you divide your forex trading capital into 50 equal parts, you will never lose more than 2% on a single trade. If you lose 3 times in a row, you still have 47 more opportunities to get a winning trade. Putting all of your money on the line is lethal. It doesn't matter much whether you trade with Oanda or Dukascopy.