IMHO,i would say that so many people are loseing money because of education.
Have anyone tried to open an automehanic reparation store after reading 5 books about automehanics?Or has any one tried to fly an jumbo-jet after playing simulation game on PC?I think that there are many peeps who just cant wait to start trading live and have not enough patience for learning proces.So they lose.
Also,i am shure that there are many people wich are thinking that they can open micro account with 500$ and become rich mother f.....s in few months,but all they get is - on they account.
For shure,there are more reasons why one can lose $$$ on FX market.
I am stil faaaaaar away from even thinking about opening an live account,and i am aware that i must live,eat,dream(this one is for real,when i lie down in bed and close mine eyes i see candlesticks jumping around!
LOL),breath FX on dayli basis because IMHO this is the only way.
But approaching the subject with common sense and cool head could help a lot(i think so..)
Cheers!
VingTsunKuen