What we are seeing from the failures of many traders that they lack proper trading knowledge here. Due to lack of skills and expertise they were not able to carry out all their trading activities in well organized manner. If someone thinks that forex is just the currency exchanges, they should remember that forex is a great mercantile. And like any other business, a forex trader should acquire adequate trading knowledge and skills before he can start trading with his real trading account as forex is a world market place.
Thereby to help the naïve traders, a wide variety of learning tools are available in front of them. forex e-books, forex audio books, webinars, etc. are online learning tools available for the traders.