There is simply no safe way to trade! Always where profit is there and risk, otherwise we would all be millionaires .But the risks can be reduced, here's a couple of tips :
1. Diversify risks
2. Do not take loans
3. Do technical analysis
4. Stay up to date with all the news
5. Never bet all the money .
Point on, mate!
When we always have these in mind, the risk of losing all your hard-earned money will be mitigated.
But it is not really easy to do, you need to be well disciplined enough in order to follow it and most of the people are having a hard time to observe and execute it carefully.