There are some forex trading basics that every trader should understand before getting started with foreign exchange investing. With its complexity and the rush that eager investors are making to the forex market, it is very critical to have these basic rules at your fingertips so that you survive and generate profits in the forex market. There are lots of literatures about forex investments and I presume, as an interested investor, you have read quite a number of them. Although most forex guides simply talks about how to place buy and sell orders, here we shall discuss the key rules that you should apply to ensure that you consistently generate profits and survive in the long run.