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Not just beginners, even a person trading for years have greed. I have seen it. If you are not discipline about your trading, it is difficult to control your emotions.

Discipline is the most important thing in trading. Every successful trader has this quality. If you are not discipline you will make a lot of unnecessary trades. That's why discipline is important.

Overtrading is one of the reasons people lose money in the forex market. It happens due to lack of discipline and proper plans. You need to have good plans and execution of those plans. Otherwise you will keep losing money.

Trading for living is possible but not by everyone. For this one needs good skills and experience. Great analysis skills and trading psychology is needed to make money in forex market.

No, forex is not an easy source for income. Successful forex trading needs a lot of knowledge and experience. And it takes years of study and experiments to reach that level.

One book every trader should read. In trading psychology plays an important role. To understand about it one needs to read "The Disciplined Traders" By Mark Douglas. It's a real gem.

Learning never ends. There is always a scope to improve knowledge and skills. With changing market we always need to improve our skills. Read as much as possible.

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.

Demo is to test our strategy before trying the strategy on live account. For newbie demo is to know trade mechanism works and also for testing strategy.

Emotion plays an important role in trading. Open trade out of greed or frustration, leads to more loss. For trading we need calm, sound and calculative mind.

Forex trading requires extensive skills and experience to make money. Risk comes from not knowing what you are doing. Think about making money once you are skilled enough.

To be successful in forex trading, one needs to develop good analysis skills and a mindset of a winner. It takes time to get skilled. Give your time in learning and study. Best of luck.

There is no easy way to win in forex. Only way to make money here is getting skilled and having experience. Without skills and experience you won't be able to make money here.

Job gives you salary. But in forex trading you have to make money with money. So it's not a job. It requires you deep understanding and experience to make money here.

Yes every trader should have some rules of what to do and what not to do in trading. It can help to reduce making mistakes.

Firstly you have to learn how to trade forex online. Then you have to develop skills. Without analysis skills and mind control regular profit making is not possible. So focus on learning.

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.

Apparently it looks very easy. But to work this out one needs to have good risk management policy and ability. What would be your stop loss? What you will do if consecutive trades get stopped out? If you can't manage loss it will lead you to more loss.

Most traders do not get success because many of them are not skilled enough. And many of them are slave to their emotions. They take decision by their emotions.

Most people take revenge trading to recover the loss. But most of time revenge brings misfortune for them. Trade should be opened only if it supports your strategy.