A major problem with newbies is that they have not mastered the technical and management issues involved. They do not really understand the importance of trading with know nothing much about the market and hence  lose everything very quickly. Even if they use tools such as software or robots, they will never be able to make the profits experts do.

A beginner needs to follow a easy to understand plan that will maximise their profits and minimise losses. Forex trading is a profession and you need to acquire the necessary experience. The novice must learn to trade forex using a business approach.