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Yes making profit is very difficult. Most newbie presumes it very easy. That's what they have been told by others. But actually it requires skills and experience to be profitable. It takes years to achieve that.

My weakness is my patience. Sometimes I open trade too early. And sometimes I get fear of losing an opportunity. I am trying to overcome it. Controlling mind is one of the difficult tasks in trading.

Choosing a good regulated broker is important. Select a broker where you can feel secured with your funds. Also see there spreads, leverage, margin and deposit and withdrawal facilities.

Yes 1:2 risk-reward is good for trading. But for that you need to win at least 40% of the time to have some profit. So we need to combine both risk-reward and winning percentage.

Yes books are the good source of knowledge. Most newbies run surf from one website to another to find a ready made strategy. But they are not ready to study and understand the market. They spend a lot of time in trade related things, but use time in wrong way .

Yes without being skilled, making profit is not possible. Without skills trading is nothing but gambling. You are just trading blindly. As a result you will lose all your money.

Yes for trading along with good analysis, a person needs the ability to control his mind. We need discipline. Otherwise it's not possible to make regular profit.

Yes every successful trader has his own trading system. With experience they made that system. Looking for how others are doing is not a good idea. Because everyone's mind works differently.

Most people join forex by hearing there is a very good opportunity to make money. And it's very easy to make money. So most comes hear by hearing lies. There is no easy money here. You have to be skilled enough to earn money here.

Yes trading is very risky business. That's why trading is for skilled people. To survive in the market you have to be skilled enough. Otherwise you will get kicked out by the market.

A good trading psychology is important for trading. Without control over your emotions it's not possible to be profitable, not matter how good strategy you have. You have to be emotionless while trading.

First learn the importance of money and risk management. Trading is a risky business. That's why you need to give emphasis on it. Also learn how to be discipline in trading. Then learn the technical aspects of trading.

Yes if you are enough skilled you do not need to spend a lot of time for trading. Everyday a few hours will be enough for that. That's why you can get enough free time.

You need both good knowledge and a good broker to be profitable. Without knowledge and skills you can't make money here. Similarly a good regulated broker is also very important.

Yes there is huge opportunity to make money in forex market. But it's not easy. Most people can't do it. To be profitable you need to have very good knowledge of the market and good control of your mind.

Both money management and risk management is vital for trading. Along with these we need the ability to control our emotions effectively. We need to be emotionless while taking any trading decision.

Yes successful trading is the combination of lot of things. A good winning strategy, a good risk reward ratio, good money management, risk management and a sound psychology. Gut feelings also plays vital role in trading.

For newbie all they need is to acquire knowledge as much as they can. Without knowledge and skills it's not possible to make consistent profit. They should invest time in learning.

In forex slow but steady approach can problem a lot of profit compared to other business. The problem with people that they want aggressive profit. They want to make money very quick.

Only a good strategy is not enough for successful trading. Along with a good strategy a person also have to be sound and composed in psychologically. Otherwise he/she would end up losing a lot of money.