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It depends on so many things. The amount of money he has invested, his trading strategy, plan and risk management policy. All these he needs to consider before choosing leverage.

It depends on everyone's financial condition. If you need income to pay your bills, you should give more time for getting a job. Along with job you can give time to learn the art of trading.

Newbies should not do news trading. It's very risky. Sometimes you may win 1/2 news trades. But other time you may get margin call. For news trading, one needs good fundamental analysis skills.

Yes most traders do not get success because they are not skilled enough to be successful. To be a successful traders, one needs to have good analysis skills and a sound and composed mind.

Only good analysing skills is not enough for success. Trading is 95% psychological. One has to have the ability to control his mind.

Lot of things work but what works for me, may not work for you. By trail and error, you have to find out what works for you. It takes time and dedication.

Getting influenced by emotions during trading is one of the reasons people lose money. Sometimes people open trade out of overjoy, sometimes out of frustration. One should open trade only if your strategy permits.

Leverage is very important in forex trading. It allows us to trade with a small capital. Even with 1$, one can open trade in some brokers with high leverage. Though it is beneficial but one should be careful to use high leverage.

Both fundamental and technical analysis are important for forex trading. Even if you do technical analysis trading, you also need little bit of fundamental analysis.

Leverage is very important for forex trading. It is due to the leverage, anyone with a small capital can trade. Otherwise it would take a lot of money to trade currency.

Emotion can not save our trade. Its only can make our poor trader much worse. Though some folks says that greed, panic etc.. these sort of emotions can be utilized as positive way, but I feel that it is not feasible to become successful trader having these feelings, we should try to prevent them...

Yes knowing your weakness and strength is very important in trading. If you do not know what's your weakness you won't be able to improve your trading.

Most traders in the forex market takes revenge trades. Specially those who are not well disciplined. But revenge trade is one of the reasons people lose money in the forex market. People get desperate to recover the loss.

After loss trade some people do revenge trade. They become desparate to recover the loss. But revenge trade brings more loss. A trader should stick to his strategy and plan.

For initial stage small capital is okay. But to make a living by trading one needs good amount of investment. But at the same time one should not invest big amount unless he is skilled enough to make consistent profit.

Yes forex is not a game to gamble. It's a business that needs deep understanding and skills to get success. The earlier a trader will understand it the better for him.

Yes everyone newbie should practice and focus on learning. In forex without skills earning is not possible. No matter how long you are trading. Skills and experience is the key to success.

First mistake most traders do that they think trading doesn't require much knowledge and skills. Second mistake they do - they completely ignore psychological aspect of trading.

Making profit by forex trading is possible but it requires a lot of knowledge and skills. If a person is not willing to dedicate himself in developing skills he should not come into forex trading.

Long term trading is most ideal for a new trader as it prevents the chances of losing big money. Problem with short term trading that it makes newbie to do overtrading.